Show-Me Central Habitat for Humanity Homeownership Program

What is Show-Me Central Habitat for Humanity Homeownership Program?

Show-Me Central Habitat for Humanity Homeownership Program is a first mortgage for homebuyers in Columbia, Missouri, administered by Show-Me Central Habitat for Humanity.

• Show-Me Central Habitat for Humanity partners with low-income families in the Columbia / mid-Missouri area to build or renovate and purchase affordable homes financed with a zero-percent-interest mortgage. Applicants typically earn 30-60% of Boone County median income, contribute sweat equity, and complete homeowner education.
• Zero-percent-interest mortgage.
• Affordable homeownership at 30-60% AMI.
• Sweat-equity path.
• Homeowner education and support.
• Funding comes from Habitat for Humanity (donations, volunteer labor, ReStore proceeds).

Do you have to pay it back?

Show-Me Central Habitat for Humanity Homeownership Program is a first mortgage and is repaid under the terms set by Show-Me Central Habitat for Humanity.

• Repayment is triggered by Affordable zero-percent-interest mortgage repaid monthly; Habitat typically retains resale/recapture protections.
• Forgiveness and repayment terms are set by the program and can change — confirm them on the official program page before applying.

Who qualifies?

Show-Me Central Habitat for Humanity Homeownership Program is open to buyers who will live in the home as their primary residence.

What are the income limits?

Show-Me Central Habitat for Humanity Homeownership Program limits household income to 60% of the area median income, which varies by county and household size.

• Applicants generally must earn 30-60% of Boone County median income; selection based on need, ability to pay, and willingness to partner.
• 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.

What kind of home can it be used for?

Show-Me Central Habitat for Humanity Homeownership Program can be used for Single Family.

• New construction is eligible.

Where does it apply?

Show-Me Central Habitat for Humanity Homeownership Program serves buyers purchasing in Columbia, Missouri.

• The program targets specific areas: Boone County and surrounding mid-Missouri service area.

How do you apply?

Applications for Show-Me Central Habitat for Humanity Homeownership Program go through Show-Me Central Habitat for Humanity, which publishes the current terms and the application steps on its own site.

1. 1

   Take a homebuyer education course

   Required by the program, through Habitat homeowner education and application help sessions.

2. 2

   Contact Show-Me Central Habitat for Humanity to reserve funds

   Funds are reserved with the provider and are subject to availability.

3. 3

   Work with a lender who handles the program

   Hey Prescott is not a lender and does not accept applications; this page describes the program so a buyer can take it to a lender or housing counselor.