Housing Nonprofits

• Mercy Housing - [1]
• Habitat for humanity - [2] - $90k for an average home. How do they provide a low cost ($1000 for a $80k mortgage) 30 year mortgage?.

Habitat

• Note One of the selection criteria is “need for housing.” What does “need for housing” mean?

“Need for housing” generally means that an applicant’s current housing is inadequate. The Homeowner Selection Committee typically chooses applicants who can prove at least one of the following housing conditions:

• Substandard Housing: Your housing may have maintenance and/or structural issues that create health and safety problems (such as mold, poor heating or plumbing, or unsafe construction.) Your house is overcrowded, or is not good for handicapped/disabled family members.
• Temporary Housing: You have temporary living arrangements or transitional/subsidized housing.
• Excessive Cost: Your total housing costs (rent and necessary utilities) are more than 30% of your income.
• Unsafe: Your neighborhood is unsuitable or unsafe for family members, especially children or elderly/disabled individuals.