Our homes are sold to partner families with a zero percent interest mortgage (0% APR). We then set a low monthly payment that is calculated with the family’s income in mind. Payment amounts are handled on a case-by-case assessment and are maintained throughout home ownership. Families are also responsible for the closing costs for the home, which also vary but are typically around $3,000.
Mortgage lengths vary depending on income. Coos Bay Area Habitat for Humanity adjusts the length of the mortgage so that the monthly payment (which includes taxes, insurance, and any other fee associated with the homeownership) is no greater than 30% of the homeowner’s gross monthly income at the time of sale.
Coos Bay Area Habitat for Humanity’s homeowners mortgage payments are put into a revolving fund that helps fund current and future construction of homes in the Coos Bay Area.
Partner families are chosen based on three criteria: household income, need for housing, and willingness to partner with Coos Bay Area Habitat. 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 the applicant’s financial situation, performs home visits for those families who qualify financially, and makes a recommendation to the Board of Directors.
Coos Bay Area Habitat for Humanity doesn’t just build homes for those in need; we also focus on the community through our Critical Home Repair program. This is a combination of smaller programs and projects that focus on bringing low income homeowners a much needed hand up, as well as refreshing the neighborhoods you know and love! We help existing homeowners in Coos County eliminate sub-standard housing through a variety of programs, including:
Brings needed attention to abandoned or foreclosed properties by restoring these homes to living condition and then selling them (Not for profit) back to a refreshed community
Critical Home Repair
Addresses extensive interior and exterior repairs for existing low-income homeowners. This may include roof replacement, electrical and plumbing, and handicap accessibility renovations to address health and safety concerns.
Preserves the exterior of homes by focusing on minor repairs, painting and landscaping.
Improves energy efficiency and indoor air quality for existing low-income homeowners.
To see if you’re eligible and qualify for any of these programs, please visit our “A Brush with Kindness” page, where you will find more information on what programs are currently active!