Habitat for Humanity-Duluth

Contrary to popular belief, Habitat does not give houses away.
The homeowners purchase the houses at no interest, and no profit
to Habitat. Habitat then uses their mortgage payments to build the
next home.

Qualifications for Homeownership

If you have determined that you meet the qualifications for
homeownership, the first step in the application process is to
attend a mandatory informational meeting. At the meeting, each
family is informed about selection guidelines, expectations and
requirements needed to submit an application.

Each family chosen to purchase a Habitat Home must demonstrate:

Applicants for homeownership must meet the following
requirements:

Qualifying income minimums and maximums are determined by
family size and are below 60% of the area median income. These
guidelines are adjusted each year and are based on numbers
defined by the U.S. Department of Housing and Urban
Development (HUD). These figures include all forms of income:
employment, public assistance of cash or food stamps, child
support, alimony, etc.

Number in Family                          Maximum Income 2009
1                                                    $25,140
2                                                    $28,740
3                                                    $32,340
4                                                    $35,940
5                                                    $38,820
6                                                    $41,700
7                                                   $44,580

In addition to the above requirements, candidates should be able
to answer “yes” to most of the following statements:

*Clients who are concerned about their credit or debt may contact WLS HFH
to find out about other agencies that may be able to advise them on how to
improve their credit standing.

Western Lake Superior Habitat for Humanity
is an equal opportunity housing agency.

Along with a completed application form please provide the
following:

Wage Income Records for the past 3 months

Public Assistance records (SSI, Worker's Compensation, Food
Stamps, Child Support, and any other income received
consistently for the past 3 years.

Rent Receipts for the past 3 months

Most recent Bank Statement(s)

Statements for all outstanding Debts (Credit Cards, Auto Loans,
Store Credit, Insurance, etc.)

Return completed application to:
Western Lake Superior Habitat for Humanity
2002 W. Superior Street, Suite 9
Duluth, MN 55806

Notice: The Federal Equal Credit Opportunity Act prohibits
creditors from discriminating against credit applicants on
the basis of race, color, religion, national origin, sex,
marital status, age (provided that the applicant has the
capacity to enter into a binding contract); because all or
part of the applicant's income derives from any public
assistance program; or because the applicant has in good
faith exercised any right under the Consumer Credit
Protection Act. The Federal Agency that administers
compliance with this law concerning this creditor is the
Federal Trade Commission, Equal Credit Opportunity,
Washington, D.C.,20580.

A need for decent, affordable housing. Families who are
currently living in a substandard structure, overcrowded
unit, or paying more than 30% of their income for
housing, or are in temporary shelter, at risk of losing their
housing.

Ability to repay the zero percent mortgage through a
credit history, adequate income and debt load review.

Willingness to partner with Western Lake Superior
Habitat for Humanity by contributing 300 hours of sweat
equity helping to build their home or other Habitat homes
and attending first-time homebuyer classes.

Lived or worked in Duluth, South St. Louis County,
Carlton or Lake County for at least one year.

Have not filed for bankruptcy in the last two years, and, if
filed in the past seven years, have demonstrated an
improved financial condition

Do not have more than $1,000 in delinquent credit
accounts or $2,000 in medical bills or judgments. This
debt may represent no more than five different accounts
in arrears, collections or judgments.