• Own your own home.

    Homeownership

Homeownership

Asheville Area Habitat builds affordable, energy-efficient 2, 3 and 4-bedroom houses and townhomes and then sells them to qualifying buyers who repay an affordable mortgage. 

Are you 55+ years old and interested in buying a Habitat home?

Please visit our page about Aging in Place, Habitat’s new affordable homeownership program specifically for aging adults (55+).

Aging in Place

Qualifications for Homeownership

Residency:

  • Must have lived and/or worked in Buncombe County for a minimum of 12 months prior to application.
  • Applicants must be legal U.S. residents.

Need:

  • Living in overcrowded housing.
  • Living in substandard housing.
  • Paying more than 30% of gross income on rent.
  • Living in temporary, subsidized, or public housing.

Willingness to Partner

  • Each applicant who will be listed on the deed must be willing to perform 200 hours of Sweat Equity.
  • Applicants must be willing to complete a Homebuyer Education program.
  • Appropriate accommodations can be made for families with physical limitations in accordance with the Americans with Disabilities Act (ADA).

Homeownership Qualifications continued

Ability to Pay

  • Rental History: must have paid rent on-time for 12 months prior to applying.
  • Delinquent Debt: No more than $1,500 in total balances at the time of application.
  • Medical Collections less than three years old: No more than $2,500.
  • Revolving Debt (ie: credit card debt): No more than $2,500 in total balances at the time of application, excluding student loan or automobile loan debt.
  • Bankruptcy: Must wait two years after being discharged.
  • Income: must be stable and fall between 40% – 70% of Housing and Urban Development’s (HUD) Area Median Income. See chart below.

Note: You cannot qualify for Habitat homeownership if you own a home at the time of application.

Homeownership Income Guidelines 4.15.20

How to Get Started

To begin the process, download and submit an application. For more details on the homeownership program, potential applicants are encouraged to attend an Information Session (see dates below). If you have questions or need additional information about applying, please call 828-251-5702.

Click for Downloadable/Printable Homeownership Application

hacer clic aquí para descargar /imprimir solicitud de propiedad de vivienda

*Applications cannot be processed without income documentation.

Information Sessions

Information sessions are now available for viewing online at anytime!

Online Homeownership Information Session

Want to learn more about becoming a homeowner? Fill out the form below and you will be given access to our online Homeownership Information Session. This will further explain the qualifications and application process.
  • Name
  • Address
  • Date Format: MM slash DD slash YYYY

In accepting and rejecting applications, Asheville Area Habitat for Humanity must conform to all aspects of the Fair Housing Act and all Fair Housing Laws, the Equal Credit Opportunity Act, the Fair Credit Reporting Act, the Privacy Act, the Americans with Disabilities Act, as well as any local applicable laws as they apply to applications for a mortgage.