Homeownership

Habitat for Humanity believes that all hard-working individuals and families should have access to the benefits and stability of homeownership. In this belief, we are committed to partnering with families to build safe, healthy, and affordable homes.

Our average cost to build each home is $100,000 and is made possible by the generous support of our community. In addition to grants, large donations of materials and volunteer labor make it possible for us to sell homes to our partner families with a 0% interest mortgage.

Habitat is a Partnership – Not a Charity

Habitat provides a “hand up, not a handout,” which promotes an atmosphere of partnership with among IMG_6875Habitat, volunteers, and homeowners.  Our partner families work alongside a dedicated group of staff members, volunteers and community members to build their home and the homes of other families.

Habitat teaches these families what it means to be part of a community and how homeownership can bring a bright future to their children and for future generations!


No Profit, No Interest

Habitat homes are not sold for profit. Each family’s no-interest IMG_7223mortgage payment goes into our revolving fund to help future families.  Habitat for Humanity of Greater Dayton is proud to count so many local families in it’s ranks of homeowners.  Their dedication and hard work allows us to do more for the community and local families.


Homeowner Selection

We do not discriminate on the basis of religion, race, or ethnic background. All applicable federal and state laws regarding mortgage lending are followed.

Our selection criteria are:

  • Income is 30-60% of the median income for Montgomery and Greene County with adjustments for family sizeIMG_6437
  • Ability to repay with verifiable income. Debt-to-income ratio cannot exceed 40%
  • Employment with at least 6 months on the job, or other approved form of stable income.
  • Currently living in substandard housing.
  • Willingness to partner through sweat equity.
    • We require 275 sweat equity hours for a single-adult family and 550 hours for a two-adult family. A family earns sweat equity by building their own home, as well as the homes of other families.

Homeowner Education Requirements

In order to further prepare our homeowners to succeed, Habitat provides classes in the areas of money skills, home maintenance, community resources, IMG_7447consumer credit counseling, legal issues, community involvement, nutrition, and insurance. These classes provide the knowledge and skills necessary for each family to become self-sufficient, active participants in their community.

The partner families consistently express their gratitude for these classes and tell us how much they learned about how to be an active and contributing partner in their community.