Homeownership

Affordable homeownership with Habitat

With a little help, we all have the potential to stand on our own.

Habitat for Humanity of Tompkins and Cortland Counties provides an affordable homeownership opportunity by offering a “hand up, not a hand out.” Habitat homebuyers help build or fix up their house (we call this “Sweat Equity”) and take out an affordable mortgage.

Eligibility

We evaluate applications based on NEED, ABILITY TO PAY, and WILLINGNESS TO PARTNER.

A successful Habitat homebuyer:

• Has a steady income, and is able to pre-qualify for sufficient mortgage financing. Your gross household income must also be at or below the current maximum amounts are listed below by household size. (NOTE: if you receive Section 8 assistance, you may be able to use this toward your mortgage!)
• Is a good credit risk, and able to qualify for an affordable home loan. Worried about your credit? We can help you get started on your path to home purchase.
• Is in need of decent housing.
• Is willing and able to invest at least 350 hours of Sweat Equity. Habitat homebuyers help build their homes, as well as take classes and do other work to prepare to be a homeowner.
• Has not owned a home in the last three years.

Ready to apply? Complete and return application postmarked no later than 7/15/2024. Call or email with questions, to have an application mailed, or to pick up an application from our office. Call or text 607-844-3529 or email liz@tchabitat.com.

Maximum Gross Household Income Guidelines for Applicants for 2024-25

1 person	2 person	3 person	4 person	5 person	6 person	7 person	8 person
$46,320	$52,920	$59,520	$66,120	$71,460	$76,740	$82,020	$86,700

We do not discriminate based on age, race, color, nationality, religion, sexual orientation, handicap, familial status, citizenship or immigration status.