Affordable homeownership with support and education
For more than forty years, local families have partnered with Amarillo Habitat for Humanity to build and buy affordable places to call home. Homeownership is the cornerstone of our organization and we do that by working with families across Amarillo to provide an alterative means to traditional homeownership. We are able to do this through:
Education – Families in our program are required to attend 30 hours of financial stability courses, which include Dave Ramsey's Financial Peace University curriculum, community partners, and pre-and post-home buying counseling.
Buy-in – Families working toward a home must earn 500 sweat equity hours as well as put down a $1,500 down payment toward their first year of taxes and insurance.
Affordability – We provide 25-to-30-year, zero-interest mortgage loans to our Habitat families and use volunteer-driven construction to save on costs.
HABITAT FOR HUMANITY REQUIREMENTS
Credit Score of 550 or higher
Live within Randall or Potter Counties for the last 12 consecutive months
Must meet income eligibility guidelines (on our website)
Must have a housing need (on our website)
Must have worked the same job, or in the same industry for the last6 consecutive months (unless on SSI or Disability)
Must be able to afford a home (determined when application is turned in) (New home cost must be under 30% of the applicants monthly income)
No Registered Sex Offenders
No bankruptcy within the last 7 years
Must be willing to complete partnership requirements
How to contact:
Via phone call: 806-383-3456
Via Mail: PO Box 775, Amarillo, TX, 79105
Hours of operation: 8:30AM-4:30PM CST (Mon.-Fri)
Admin Office:
2700 S. Wilson
Amarillo, TX 79103