p.o. box 423, atwater ca 95301
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P.O. Box 423, Atwater CA 95301
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Today’s PresentersToday’s Presenters Diane Bair, Chair Selection
Committee HFHMC George Gallaher Selection
Committee HFHMC
Special thanks to our board members and volunteers for their assistance
today.
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Habitat for HumanityHabitat for HumanityAn Equal Housing Partner at work in
Merced County
Building HOPEBuilding
COMMUNITIESOne NAIL at a
time…
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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 Vision SStatementtatement
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HistoryHistory Became Habitat affiliate in 1993 11 families live in HFHMC homes 1 home is currently in the predevelopment stage 1 family housed in 2005 Potential to build 2 homes in 2008
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Statement of PurposeStatement 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 Who Qualifies for a Habitat for Humanity Habitat for Humanity
Home?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 Income Guidelines 20072007
Family Size Minimum Income Maximum Income Monthly Yearly Monthly Yearly
1 person $900 $10,800 $1,500 $18,000 2 persons $1,029 $12,350 $1,715 $20,583 3 persons $1,158 $13,900 $1,930 $23,166 4 persons $1,287 $15,450 $2,187 $26,250 5 persons $1,391 $16,700 $2,319 $27,833 6 persons $1,491 $17,900 $2,486 $29,833 7 persons $1,591 $18,250 $2,652 $31,833 8 persons $1,700 $20,400 $2,833 $34,000
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NeedNeed Present housing is not
adequate Unsafe or unhealthy living
conditions High cost burdens Overcrowding
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Ability to PayAbility 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 Willingness to PartnerPartner
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 Where Does Habitat Build?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 SitesHabitat Home Sites Le Grand (two on E. Marshall St.) Merced 27th St. (Rehab.) Fig Ave. Mc Swain Road Jonathan Court W. Sixth Street.
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Location Discretion Location Discretion PolicyPolicy
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 DesignHome Design Basic, “No-Frills” Housing Average Living Space:
900 square feet for a two-bedroom house1,050 square feet for a three-bedroom house1,150 square feet for a four-bedroom house
Limited Design Options
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Buyer’s Design Buyer’s Design OptionsOptions
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 PlanSample House Plan
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Example of New Home Example of New Home ConstructionConstruction
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Example of New Home Example of New Home Construction ContinuedConstruction Continued
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How Does Habitat Set How Does Habitat Set the Price?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 RestrictionsResale RestrictionsHabitat 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 Partnership ResponsibilitiesResponsibilities
Sweat equity Timely payments Continuing partnership Owner occupied housing – house
cannot be used as a rental
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Sweat Equity 101Sweat 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 ProcessApplication 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 DeadlineDecember 1, 2007, 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 earners2.- Verification of other income sources (SSI,
TANF,AFDC,etc.)3.- Copy of 2005 & 2006 filed Federal tax return with all
attachments4.- Copy of 2005 & 2006 W-2’s/1099’s for all adult
applicants and household members5.- 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 Common MisconceptionsMisconceptions
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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Principle Sources of Principle Sources of SupportSupport
Individuals 23%Churches 2%Groups 18%Trusts 6%Grants 1%Fund raisers 1%In-Kind/Contributions 15%Donated Auto Sales 13%Mortgage Payments 19%
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Other ServicesOther Services Housing Counseling Home repairs and
modifications Partnering with other
community resources
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Volunteers making Volunteers making progress at a HFHS Job progress at a HFHS Job
SiteSite
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A HAPPY HABITAT FOR A HAPPY HABITAT FOR HUMANITY HUMANITY
HOMEOWNERHOMEOWNER
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Thank you Gateway Thank you Gateway Community CHURCH Community CHURCH
FOR THE USE OF YOUR FOR THE USE OF YOUR FACILITY.FACILITY.
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Other Community Other Community ResourcesResources
Please visit our fellow community agencies in the front hallway. They represent a
wide array of affordable housing programs & other related services.
By Design Financial Solutions(800) 750-2227
www.bydesignsolutons.orgUnited Way of Merced County
383-4242www.unitedwaymerced.org
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