Winter/Spring Homeownership Application Session: Now – March 27, 2017
Habitat for Humanity of Omaha helps empower Partner Families as they work toward becoming first-time homeowners. Throughout the process Partner Families gain hands-on construction experience and attend homeownership workshops. Once construction/existing home renovation is complete and the no-interest Habitat loan is issued, Habitat Omaha Partner Families are well on their way to becoming successful homeowners. Get started on the path to affordable homeownership now by completing a Homeownership Prequalification Form.
Fill out and submit a Prequalification Form.
- The Family Selection Committee (an independent volunteer committee) reviews the forms and notifies Pre-Qualification Applicants of the results within 30 days.
- Pre-Qualification Applicants who pass the initial screening will be mailed an invitation to a mandatory Information Meeting to help the applicant prepare for the Application Period.
- At the Information Meeting, applicants will learn more about Habitat Omaha’s Homeownership Program and will complete the full application for the program. A Family Selection Committee member will do an income evaluation, and if the income evaluation is passed, the Family Selection Committee member will assist the applicant in completing the full application.
- The Family Selection Committee carefully reviews all completed applications to evaluate need for housing, ability to pay, and willingness to partner. (Note: Credit score is not a factor in the Family Selection process. However, recent bankruptcies, outstanding collections and judgments may affect qualification.)
- Home Visits are scheduled with applicant finalists. During the Home Visit, applicants will learn more about the Homeownership Program and be able to ask any questions about the process. The Home Visit Team will then evaluate the applicant’s current housing need based on, but not limited to, living space per family size, housing cost and affordability, utility costs, physical condition of the home and special needs. Applicants will be notified of acceptance or denial shortly after the close of the Application Period.
- Final approval is made by the Habitat Omaha Board of Directors (an independent volunteer board). Approved applicants attend the mandatory Acceptance Meeting before beginning the Homeownership program which includes Sweat Equity* hours and workshops (single applicant families must complete 250 hours, double applicant families must complete 350 hours).
- Accepted families attend eight required educational workshops, including home maintenance workshops and a series of financial workshops with Family Housing Advisory Services.
*Sweat Equity: All Family Partners are required to complete up to 350 Sweat Equity hours as a part of their partnership with Habitat Omaha. This includes the investment of time and talent in building and renovating Habitat Omaha homes, attending financial and homeownership preparedness workshops and much more.