How it works
Eligibility & Qualifications
The applicant(s) must demonstrate that their current housing situation has one or more of the following characteristics:
-Income is lower than the 60% median as set by HUD (click here to be taken to the current standards).
-Unsafe or very poor conditions. Examples include mold, severe leaks, inadequate heating and cooling, etc.
-Size is inadequate for the present or anticipated residents.
-Other facts demonstrating a need for the type of housing Coos Bay Area Habitat can provide, that goes beyond a personal desire to own a home.
Demonstrated Ability to Pay
-Gross household income must be between 30% and 60% of the median income for the Coos Bay Area at the time of application (click here for HUD listing for Coos County).
-A two-year history of stable income and employment. Applicant(s) must also have been a resident within Coos County for no less than a period of 1 year.
-An acceptable credit history. Each applicants credit will be analyzed on a case by case basis. “Bad credit” does not necessarily disqualify you from receiving assistance from Coos Bay Area Habitat.
-Bankruptcies must have been discharged for at least two (2) years.
-Ability to cover closing costs and adjustments, which are approximately $3,000.
-Ability to afford anticipated mortgage payments, including property taxes and homeowners insurance. *This rate will be set at a low monthly cost based upon applicant(s) income.
-Monthly payments for debt cannot exceed 43% of gross monthly income.
Willingness to Partner with Coos Bay Area Habitat
-Applicant must complete at least 500 hours (250 from applicant(s) and 250 from friends or family members) of sweat equity towards the building of Habitat homes.
-Applicant must be willing to live in the neighborhood in which Coos Bay Area Habitat is currently building.
-Applicant must be willing to attend required workshops for success in homeownership.
The Family Selection Committee follows strict guidelines to ensure Coos Bay Area Habitat for Humanity does not discriminate because of race, color, religion, sex, handicap, familial status, sexual orientation, age, gender identity or national origin. The committee reviews each applicant’s financial situation, performs home visits for those families who qualify financially, and makes a recommendation to the Board of Directors.
Construction and Land Development
Coos Bay Area Habitat for Humanity builds homes based upon each selected family’s needs (determined by the Family Selection Committee). The first phase of constructing the home is our design and land selecting phase, in which we present a qualified architect and engineer with a list of requirements based upon the family’s individual needs and our land availability.
Home Completion and Turnover
Once the home is finished, and all requirements have been met for homeownership, we turn the keys over to the new homeowners during a dedication ceremony attended by the family, volunteers, donors, sponsors, and Board members.
Habitat reserves the right to waive or alter any of the above criteria based upon the unique situation of the applicant.
This is an Equal Housing Opportunity. Coos Bay Area Habitat for Humanity (as well as Habitat for Humanity International) does business in accordance with the federal Fair Housing Act. We do not discriminate against any person because of race, color, religion, sex, handicap, familial status, sexual orientation, age, gender identity, or national origin.