Pemi-Valley Habitat for Humanity Homeownership Program
Pemi-Valley Habitat for Humanity Homeownership Program is down payment assistance for homebuyers in Plymouth, New Hampshire, administered by Pemi-Valley Habitat for Humanity.
The program asks for
- The home is occupied as a primary residence
- A completed homebuyer education course, through Pemi-Valley Habitat for Humanity (financial & homeownership training)
- Residency: Service area of 27 towns in/around the Pemi-Valley and Lakes Region (>=1 yr residency per affiliate guidance).
- LOAN TERM: affordable mortgage through a local bank or credit union (rate/term not stated). Sweat equity: single head 200 hrs (>=75 on-site); two heads 400 hrs (>=150 on-site). Must show housing need and ability to pay. GAP: lien position, recapture, exact term/rate, max purchase price, HUD AMI $ figures not stated.
- A home in Grafton County
It doesn’t cover
- Households above 80% of area median income
- Homes outside Grafton County
These are the program's own published rules, not a decision about any individual — the administering agency and a lender determine who actually qualifies.
Income limit
80% of Grafton County’s area median income
HUD sets the area median income each year. The limit changes with household size, so a family of five has a higher limit than a single homebuyer.
Where it applies
Grafton County’s homesGrafton County’s homes, and the ones this program accepts
- 61.4% single-familysingle-family
- 6.9% townhousetownhouse
- 8.8% 2–4 units2–4 units
- 15.7% 5+ unitscondo & apartment buildings (5+ units)
- 7.2% mobile & othermobile home & other
A tick marks a kind of home the program’s record lists. The agency confirms it for the home you choose.
$344,500
Grafton County median home value
48.4%
built before 1980
U.S. Census Bureau, ACS 2024 5-year. More about buying in Grafton County
How to apply
How to applyThree steps, in this order
Take a homebuyer education course
Required by the program, through Pemi-Valley Habitat for Humanity (financial & homeownership training).
Contact Pemi-Valley Habitat for Humanity to reserve funds
Funds are reserved with the provider and are subject to availability.
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 homebuyer can take it to a lender or housing counselor.
Questions about this program
What is Pemi-Valley Habitat for Humanity Homeownership Program?
Pemi-Valley Habitat for Humanity Homeownership Program is down payment assistance for homebuyers in Plymouth, New Hampshire, administered by Pemi-Valley Habitat for Humanity. Pemi-Valley Habitat for Humanity builds safe, energy-efficient, affordable homes that qualified families purchase with an affordable mortgage, serving 27 towns in the Pemi-Valley and Lakes Region. (There is no NH affiliate named 'Greater Plymouth Area Habitat'; the Plymouth, NH affiliate is Pemi-Valley.). Affordable mortgage on a Habitat-built home. Financial & homeownership training. Funding comes from Pemi-Valley Habitat for Humanity (donations, volunteer labor); mortgage through a local bank or credit union.
Do you have to pay it back?
Pemi-Valley Habitat for Humanity Homeownership Program is down payment assistance and is repaid under the terms set by Pemi-Valley Habitat for Humanity. Forgiveness and repayment terms are set by the program and can change — confirm them on the official program page before applying.
Who qualifies?
Pemi-Valley Habitat for Humanity Homeownership Program is open to homebuyers who will live in the home as their primary residence. A homebuyer education course is required, through Pemi-Valley Habitat for Humanity (financial & homeownership training). Residency requirement: Service area of 27 towns in/around the Pemi-Valley and Lakes Region (>=1 yr residency per affiliate guidance). LOAN TERM: affordable mortgage through a local bank or credit union (rate/term not stated). Sweat equity: single head 200 hrs (>=75 on-site); two heads 400 hrs (>=150 on-site). Must show housing need and ability to pay. GAP: lien position, recapture, exact term/rate, max purchase price, HUD AMI $ figures not stated.
What are the income limits?
Pemi-Valley Habitat for Humanity Homeownership Program limits household income to 80% of the area median income, which varies by county and household size. Homeowners must earn 30-80% of HUD median household income levels, adjusted for 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.
What kind of home can it be used for?
Pemi-Valley Habitat for Humanity Homeownership Program can be used for Single Family. New construction is eligible.
Where does it apply?
Pemi-Valley Habitat for Humanity Homeownership Program serves homebuyers purchasing in Plymouth, New Hampshire.
How do you apply?
Applications for Pemi-Valley Habitat for Humanity Homeownership Program go through Pemi-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.
Also for Grafton County homebuyersOther programs open to Grafton County homebuyers
- Twin Pines Housing Shared-Equity Homeownership Program (Down Payment Grants)Up to $80,000
- AHEAD Pathways to Homeownership II (Grafton County)Up to $20,000
- Upper Valley Habitat for Humanity Homeownership ProgramAssistance available
Whether two programs can be combined is up to each agency. Ask before you apply.
All 80 programs for Grafton CountyProgram terms are set by Pemi-Valley Habitat for Humanity and can change; confirm on the official site before you apply.