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P.O. Box 423, Atwater CA 95301

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Today’s Presenters

Jan Sorge, President, HFHMC George Gallaher Selection

Committee HFHMC

Special thanks to our board members and volunteers for their assistance

today.

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A faith-based housing ministry bringing people together from all walks of life; to work in partnership with families in need; to help eliminate poverty housing in our community and worldwide.

Vision Statement

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HistoryB Became Habitat affiliate in 1993B 13 families live in HFHMC homesB 1 home is currently in the predevelopment stage

B 1 family housed in 2014B Potential to build 2 homes in 2015-16

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Statement of Purpose

Improve affordable housing conditions Work in partnership with other

community agencies to address affordable housing needs

Provide long term, no interest loans to those who qualify

Empower community members through educational programs

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Who Qualifies for a Habitat for Humanity

Home?

Income is 30% to 50% of Area Median Income

Demonstrates a serious need Has the ability to repay costs Willingness to partner through 500

hours of sweat equity Resident of Merced County 1 yr min

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Income Guidelines 2015Family Size Minimum Income Maximum Income

Monthly Monthly 1 person $1,312 $2,188

2 persons $1,617 $2,491

3 persons $1,921 $2,796

4 persons $2,225 $3,100

5 persons $2,529 $4,017

6 persons $2,833 $3,708

7 persons $3,137 $4,012

8 persons $3,442 $4,317

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Need

Present housing is not adequate

Unsafe or unhealthy living conditions

High cost burdens Overcrowding

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Ability to Pay

Proof of steady income Complete and full disclosure of

financial status Debt to income ratio Credit history is considered Inaccurate or partial information is

grounds for disqualification

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Willingness to Partner

Sweat Equity – 500 hours minimum Ability to take on homeownership

responsibilities Providing timely and complete

information Public nature of the program

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Where Does Habitat Build?

We believe that location matters. We choose to build in

neighborhoods that have available and affordable lots, as well as active community

groups organized around issues of empowerment.

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Habitat Home Sites Le Grand (two on E. Marshall St.) Merced 27th St. (Rehab.) Fig Ave. Mc Swain Road Jonathan Court W. Sixth Street W. Eleventh Street S. “T” Street

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Location Discretion Policy

Habitat serves the eastern part of Merced County

It is our goal to build homes in all the communities in eastern portion of our county

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Home Design Basic, “No-Frills” Housing Average Living Space:

900 square feet for a two-bedroom house

1,050 square feet for a three-bedroom house

1,150 square feet for a four-bedroom house

Limited Design Options

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Buyer’s Design Options

Donated Materials = Affordable Housing Buyer preferences are limited to

accommodations for disabilities The next house built will have three

bedrooms. Usually, families are asked to assist in the

selection of flooring and paint colors

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Sample House Plan

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Example of New Home Construction

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Example of New Home Construction Continued

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How Does Habitat Set the Price?

All building costs are tracked No profit is taken No interest is charged An affordable mortgage is calculated

which is comprised of the principal + taxes and insurance

$1,000 down payment is required Down payment can be accumulated in small increments as house is built

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Resale Restrictions

Habitat has the first right of refusalShared appreciation occurs over loan payoff periodLong term commitmentBorrowing against equity in the home is not allowed

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Partnership Responsibilities

Sweat equity Timely payments Continuing partnership Owner occupied housing – house

cannot be used as a rental

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Sweat Equity 101 60/40 rule: partnering family has to

do 60% of the work and their friends & family can do up to 40%

No children under 16 allowed on the job site on construction crews can help clean-up etc.

Child care provider hours are counted toward sweat equity

Attending useful educational classes earns 2 for 1 sweat equity hours

Sweat Equity hours must be on a building site, unless other accommodations are required

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Application Process Application

Give second address, must be able to contact you if eligible.

Attachments for income verificationPhotocopies only; originals will not be accepted; we will not make copies

Application DeadlineSeptember 1, 2015, 5:00 p.m. Incomplete applications will not be considered.

Home Visit limited to those who pass through initial assessment

Written ResponseThis is a long & tedious process – be patient

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Application Attachments

1.- Two most recent wage stubs for all adult wage earners

2.- Verification of other income sources (SSI, TANF,AFDC,etc.)

3.- Copy of 2013 & 2014 filed Federal tax return with all attachments

4.- Copy of 2013 & 2014 W-2’s/1099’s for all adult applicants and household members

5.- Copies of last month’s utilities (electricity, gas, telephone, etc.)

6.- Copy of rental agreement or rent check7.- Copy of bank statement

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Common Misconceptions

Habitat is a “give-away” program

500 sweat equity hours is easy to do and you’re only responsible for working on your own home

Habitat never repossesses a home

Once you’re in a Habitat home, your obligations are limited to mortgage payments

There are loopholes in the application process or that any one individual has preference

Someone can get rich quickly when they purchase a

home from Habitat

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Other Services Housing Counseling Home repairs and

modifications Partnering with other

community resources

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Volunteers making progress at a HFHS Job

Site

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A HAPPY HABITAT FOR HUMANITY

HOMEOWNER

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Thank you Boys and Girls Club of

Merced for the use of your facility.