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.
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.
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