• 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. 

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 below 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 5.16.19

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.

Upcoming Information Sessions

The following 1- hour sessions will take place at Habitat’s Administrative Office at 33 Meadow Road, Asheville, NC

Tuesday, March 17 at 6 pm CANCELLED

Saturday, March 28 at 10 am CANCELLED

Tuesday, April 21 at 6 pm TBD

Saturday, April 25 at 10 am TBD

Please note: in the case of inclement weather, Habitat will follow Asheville City School closings.