Mount Washington Valley Habitat for Humanity Homeownership Program

Mount Washington Valley Habitat for Humanity Homeownership Program is a first mortgage for homebuyers in North Conway, New Hampshire, administered by Mount Washington Valley Habitat for Humanity. Mount Washington Valley Habitat for Humanity builds simple, affordable homes and sells them at no profit to qualifying low-to-moderate income partner families using an interest-free (0%) mortgage. Qualification requires demonstrated housing need, 300 hours of sweat equity per family, homeownership training, and participation in a matched savings program toward ~$4,500 in closing costs. Monthly payments cover principal plus escrowed taxes and insurance. Interest-free (0%) mortgage on a newly built affordable home. Matched savings (up to $3,750 toward closing costs). Homeownership training. Sold at no profit. Funding comes from Private donations, grants, and volunteer labor.

Mount Washington Valley Habitat for Humanity Homeownership Program is a first mortgage and is repaid under the terms set by Mount Washington Valley Habitat for Humanity. The assistance is recorded in 1st position. Forgiveness and repayment terms are set by the program and can change — confirm them on the official program page before applying.

Mount Washington Valley Habitat for Humanity Homeownership Program is open to first-time homebuyers and homebuyers who will live in the home as their primary residence. "First-time homebuyer" usually means not having owned a home in the last three years, but the program sets its own definition. A homebuyer education course is required, through Mount Washington Valley Habitat for Humanity (budgeting, home maintenance, repair training). Must have housing need. 300 sweat-equity hours per family (members 18+; friends up to 100 hrs). Homeownership training required. Matched savings program for ~$4,500 closing costs. Construction may take up to two years. Application period was closed as of April 2026 (program active, build ongoing).

Mount Washington Valley Habitat for Humanity Homeownership Program sets its income limit as follows: Low-to-moderate income partner families with income sufficient to repay an affordable interest-free mortgage but within Habitat's low-to-moderate income guidelines (specific AMI thresholds not published on the official site). 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.

Mount Washington Valley Habitat for Humanity Homeownership Program can be used for Single Family. New construction is eligible.

Mount Washington Valley Habitat for Humanity Homeownership Program serves homebuyers purchasing in North Conway, New Hampshire.

Applications for Mount Washington Valley Habitat for Humanity Homeownership Program go through Mount Washington Valley Habitat for Humanity, which publishes the current terms and the application steps on its own site. 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.