Women Build Dedication Nov 16, 2012

Home ownership

Our Program

Habitat for Humanity is a hand up, not a hand out. Applicants selected to partner with Habitat for Humanity complete sweat equity hours, representing a homeowner partner family’s physical and emotional investment in the mission of Habitat and creating pride in home ownership. Homeowner partners then purchase their home from Habitat and make a monthly mortgage payment. Homes purchased from Habitat carry a 0% interest rate for the life of the loan.

In selecting families, Habitat for Humanity considers an applicant’s need for housing, ability to pay, and willingness to partner. The heads of household must be legal residents of the United States and have lived or worked in Minnehaha, Lincoln or Turner counties for the past 12 months.

Habitat does not discriminate on the basis of race, sex, color, age, handicap, religion, family status, national origin, or income derived from public assistance programs.

To Qualify

Habitat for Humanity is a special-purpose credit program for low-income applicants who live or work in Minnehaha, Lincoln or Turner counties. Applicants must meet all three of our selection criteria.

1. Need for Housing

Current housing is inadequate, substandard, or unaffordable

2. Ability to Pay
  • Applicant(s) must have a reliable, steady and verifiable source of income
  • Credit history shows ability to repay the loan
  • Applicant(s) income is between 30% and 60% of the HUD area median income for our service area
  • US Citizenship or permanent resident status is valid
3. Willingness to Partner
  • Provide all necessary documents during the application process
  • Complete a series of home owner education classes
  • Work 300 sweat equity hours
  • Will purchase a Habitat Sioux Falls house and make regular monthly mortgage payments for a 20-30 year mortgage