HABITAT FOR HUMANITY OF ARKANSAS CITY
Applications will be accepted from February to May 15. Applications received after May 15 will be returned and not considered.
The partner family will be selected by the first of
June. The house will begin building in September
and be finished by the end of February.
FAMILY SELECTION CRITERIA
for adequate shelter
Current housing has problems
with any of the following: heating system, water supply, electricity,
bathrooms, kitchen, structural, plumbing, leaking roof, holes in the
Current housing has an
inadequate number of bedrooms in relation to the number, ages and sex of
The family is unable to obtain
a conventional or government mortgage loan to purchase a home.
The annual gross family income
must be 30-50% of the Cowley County median family income. For example,
to qualify for a house (family of 4) a family must earn between $28,650
and $45,850 per year; for a 6 person family between $33,250 and $53,200
per year. Food stamps are not counted as income. There must be a
reasonable work history. Applicants must have held the same job for a
minimum of one year with a steady work history prior to that.
The family must have the
ability to make monthly house payments and monthly payments toward their
current debt. The total of the monthly house payment (includes the
principal loan payment, taxes, and insurance) and monthly debt payments
should not be greater than 1/3 of the total gross monthly income.
The family must have a
satisfactory credit history and references. Evidence of the capability
to pay off any and all bad debts and financial judgments must exist.
A down payment of $250 is
required at the time of the house closing. In addition, prepayment of the homeowners insurance is required. The insurance normally runs around $1,000.
3. Willingness to Partner
An approved applicant must be willing to “partner”
with Habitat for Humanity by:
Completing 300 hours of “sweat equity” prior
to closing. Applicants may have up to 100 hours of their sweat equity
contributed by extended family members, friends, or church members
recruited by the applicant.
Maintaining their Habitat for
Humanity home in a manner that reflects a positive image of Habitat for
Humanity to the larger community and in a manner that reflects pride in
Maintain a checking or savings account where funds that shall be directly transferred by an auto-payment system for monthly house payments.
Attend a financial course designed for our home owners with-in six months of being named recipient of home through Eagle’ Nest of Winfield.
Signing a contract of
acceptance of partnership with Arkansas City Habitat for Humanity, Inc.