Chip Chick
“April logged 300 sweat equity or volunteer hours, one of the requirements of the Habitat Homebuyer Program,” Habitat for Humanity explained in a press release.
“Some were spent actually helping the crew on the construction site and others were recorded at the Habitat ReStore in Williamsburg.”
“April, employed full-time for five years at a nearby hotel, will pay the no-interest mortgage back to the local Habitat affiliate — funds earmarked to go toward building future homes for qualified families.”
Consociate Media for Habitat for Humanity; pictured April hugs Janet V. Green, the CEO of Habitat for Humanity Peninsula and Greater Williamsburg
Another requirement that Habitat for Humanity has for those interested in purchasing one of their homes?
A person needs to have very good credit, a way to afford their home, and a job that allows their income to be in a range of 45-80% of what the median income is in a given area.
Habitat for Humanity does not make a profit on a house that they sell, and they give homebuyers the equivalent of a 20 to 30-year mortgage with zero interest.
“Many people think Habitat gives homes away; we don’t,” Janet V. Green, the CEO of Habitat for Humanity Peninsula and Greater Williamsburg, explained.
“We sell homes to families with low to moderate incomes.”
