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To be eligible to purchase a Habitat home, you must meet
the following 4 criteria:
1. LIVE OR WORK IN FORT COLLINS (or surrounding rural areas)
2. NEED OF HOUSING (any one of these may apply)
• Inadequate shelter - structural defects, lack of heat, maintenance problems, etc
• Your housing is transitional or temporary – living with friends or family
• Your family is overcrowded (number of persons in each bedroom,
number of persons sleeping in rooms other than bedrooms)
• Environment inadequate – family feels unsafe
• Your family currently pays more than 30% of your gross monthly income on housing.
• You are unable to purchase a home through any other means
3. ABILITY TO PAY
•Your gross yearly income must fall within 35-50% of HUD’s area median income.
(See HUD guidelines below)
• You will be able to save a $1,000 down payment
• Must have had any bankruptcy filing discharged 2 years prior to applying for a FCHFH home.
• Monthly debt plus monthly housing cost is less than 40% of gross monthly income.
• Cannot have owned a home within the last 3 years (with the exception of mobile homes)
4. WILLINGNESS TO PARTNER
• Willing to complete a minimum of 300 “sweat equity” hours for homes with one adult and a minimum of 500
hours for homes with 2 adults.
• Showing initiative by completing tasks in full by given deadline
• Being a responsible homeowner and neighbor after you move into your new home
• Making monthly payments on time consistently
• Participating in publicity for Fort Collins Habitat for Humanity
• Maintaining involvement with Habitat through support of future and current homeowners, fundraising endeavors
and community education.
Back to How to become a Habitat Homeowner
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