Habitat for Humanity St. Tammany West – Homeownership Program

Habitat for Humanity St. Tammany West – Homeownership Program is a first mortgage for homebuyers in Mandeville, Louisiana, administered by Habitat for Humanity St. Tammany West. Habitat for Humanity St. Tammany West builds and sells energy-efficient homes to qualifying low-income families in western St. Tammany Parish at no profit with a 0% interest mortgage. Homebuyers must invest 300–400 hours of sweat equity and complete homeownership education through the St. Tammany Homeownership Center. 0% interest mortgage. Affordable monthly payments based on income. No profit home sales. 30–60% AMI income eligibility. HUD-approved housing counseling available. Funding comes from Habitat for Humanity International / private donations / FHLB Affordable Housing Program grants.

Habitat for Humanity St. Tammany West – Homeownership Program is a first mortgage and is repaid under the terms set by Habitat for Humanity St. Tammany West. The assistance is recorded in first position. Forgiveness and repayment terms are set by the program and can change — confirm them on the official program page before applying.

Habitat for Humanity St. Tammany West – Homeownership Program is open to first-time homebuyers and homebuyers who will live in the home as their primary residence. "First-time" has exceptions here: Cannot own a home at time of application. On credit, the program states: Decent credit and history of paying bills on time; no outstanding liens or judgments. A homebuyer education course is required, through St. Tammany Homeownership Center (HUD-approved). Residency requirement: Western St. Tammany Parish area (Mandeville/Covington area). Sweat equity: 300 hours single-adult family; 400 hours two-adult family; income 30–60% AMI; application by appointment only; call (985) 893-3172 ext. 246 or email info@habitatstw.org.

Habitat for Humanity St. Tammany West – Homeownership Program limits household income to 30% of the area median income, which varies by county and household size. The limit applies to total household income, not only the borrower’s. Area median income figures are published by HUD and updated annually, so check the current table for the county before relying on a number.

Habitat for Humanity St. Tammany West – Homeownership Program caps the purchase price as follows: Homes sold at no profit; price set by Habitat STW. Eligible property types include single_family. New construction is eligible. Manufactured homes are not eligible.

Habitat for Humanity St. Tammany West – Homeownership Program serves homebuyers purchasing in Mandeville, Louisiana.

Applications for Habitat for Humanity St. Tammany West – Homeownership Program go through Habitat for Humanity St. Tammany West, which publishes the current terms and the application steps on its own site. Funds are reserved through Application by appointment; contact St. Tammany Homeownership Center. Hey Prescott is not a lender and does not accept applications; this page describes the program so a homebuyer can take it to a lender or housing counselor.