Home Builds

Habitat for Humanity-Powhatan will accept pre-qualification applications for its homeowner program from June 1 through June 30, 2022. Individuals must have lived or worked in Powhatan for at least the past year, and must qualify for an affordable mortgage through our partnership program. Individuals must be experiencing a need for affordable housing and be willing to partner with us through sweat equity service hours.

Income guidelines differ based on household size. For example, income guidelines for a family of four range between an estimated minimum annual income of $36,000 through approximately $63,000 (70 percent of the area’s median income). Minimum household income for a 1-person or 2-person household is $30k. Other qualifications include a valid credit score of 640, credit history, debt ratio, and ability to verify a stable income for at least two years. If you have had a bankruptcy, it must be a full three years since it has been discharged.

 

Please download and read the guideline information published here 

 

 

 

 

 and print out the pre-qualification application at the bottom of this page. For questions, reach out to executivedirector@habitatpowhatan.org or call 804-594-7009, ext. 2.