Habitat for Humanity Waterloo Region screens applicants very carefully, to ensure families can afford, are ready for, and can manage the commitment of owning a home within a condominium complex. The application process is thorough, and will take several months. The first step is to complete an eligibility questionnaire. This questionnaire is used to determine if your family meets our minimum requirements.
Once submitted you will receive an email from Habitat Waterloo Region letting you know about our next steps, or if you did not qualify.
Habitat for Humanity Waterloo Region screens applicants very carefully, to ensure families can afford, are ready for, and can manage the commitment of owning a home within a condominium complex. The application process is thorough, and will take several months.
There are a number of reasons why your family did not qualify to become a Habitat Future Homeowner. At every step in the process, if your application is deferred or rejected you will receive this information in writing, and an explanation will be provided.
Beyond the minimum requirements, Habitat for Humanity Waterloo Region uses the following three principals to selection families to partner with: Ability to Pay an Affordable Mortgage, the Willingness to Partner with Habitat for Humanity, and the Need for Affordable Housing.
The average process time from completing the eligibility questionnaire to having your application approved by Habitat for Humanity Waterloo Region is 3-6 months.
Before Habitat Future Homeowners can move into their home the home needs to be built and ready for occupancy, and your 500 volunteer hours needs to completed.
Habitat for Humanity Waterloo Region has established a clear income thresholds. Families – regardless of family size – must have a TOTAL household income between $60,780 and $75,618. These income bands are based on census data for our area, and will be revised annually. We try to establish income thresholds that set our families up for success.
Household income is the combined gross (before tax) income of all members of the household + half of the child benefits.
Here is an example of a household income: Mary earns $37,000 a year as social service worker. Jack earns $27,000 working in finance, and they receive Child Benefits of $9,000 a year. Their gross household income would be $68,500 ($37,000 + $27,000 + $4,500). This household would meet our income thresholds.
The strength, stability, and self-reliance that owning an affordable home provides will have the greatest impact on households with children. The stability that affordable homeownership provides is an opportunity for children to be healthier, to do better in school, and to reach their full potential. Focusing our limited capacity to build homes on families with children helps this generation, and the next.
Your financial support, your voice and your time will help bring strength, stability and independence to families in need of a decent place to live.Donate Today