Every family should live in a healthy home, in a peaceful neighborhood, in a sustainable, diverse, tolerant and vibrant community.
Features of the homeownership program include an investment of “sweat equity,” a reasonable down payment, personal finance workshops, education on home safety, guidance for participating in homeowners associations, and monthly mortgages payments set at no more than 30% of household income. The goal of this approach is to help families living on modest income realize the full financial and social benefits of homeownership.
Individuals and couples, with or without children, living or working in Wake County can apply. To qualify, they must have stable income and demonstrate the ability to pay modest monthly mortgage payments. They must demonstrate that their current housing is overcrowded, physically substandard, too expensive or unsafe.
After the home built by Habitat passes inspection, the family provides a $1,250 down payment then begins a 20-year, no-interest mortgage that Habitat Wake finances at no more than 30% of household income. Habitat Wake uses monthly mortgage payments—along with unrestricted charitable donations—to help build more homes.
Apply for a Home Built With Habitat Wake
As a Habitat Wake homeowner you could:
- Pay a mortgage on a home YOU help build and YOU purchase
- Live in an energy-efficient new home
- Spend about $575/month on a 20-yr, 0% interest mortgage
- Live in a safe community in Wake County
- Have space for your family
Attend the next homeownership information session on Saturday, September 6. The session begins with a presentation at 9:30 a.m. The presentation will last one hour. Staff will be available until 11:00 a.m. to answer questions. Please call 833-1999 x351 for a recorded message, if you need additional information.(Click here for the summer schedule.)
Applications are accepted year-round. There is no fee to apply. Applying homeowners are not required to attend this information session in order to apply.
There is no fee to attend the homeownership information session. Applying homeowners who cannot attend the information session may use our website navigation menus to learn more about the application and construction process from this website.
Instructions on how to apply and applications are available in two languages (Las instrucciones en cómo aplicar y las aplicaciones para convertirse en dueño de casa están disponibles en dos idiomas): English Español
Additional Resources
- Housing Services from Wake County Government
- Free Credit Report from a credit bureau
- Credit Counseling from Triangle Family Services
- Rental Housing Locator from Carolinas Council for Affordable Housing
