Housing Program
Have you ever dreamed about owning your own home? Do you have a steady income but have been turned down from banks and other financial institutions? Are you trying to provide a descent place to live but can't seem to catch a break? Why not apply for a Habitat home...... Habitat for Humanity of Greater Bangor is a nonprofit, ecumenical Christian housing
ministry. HFHGB seeks to eliminate poverty housing, and to make decent shelter
a matter of conscience and action. HFHGB
invites people of all backgrounds, races and religions to build houses together
in partnership with families in need.
Myths & Facts
Myth: Habitat houses reduce a neighborhood’s property values.
Fact: Housing studies show affordable housing has no adverse effect on neighborhood property values. In fact, Habitat houses have proven to increase property values and local government tax income.
Myth: Only African Americans get Habitat for Humanity homes.
Fact: Habitat builds houses in partnership with those in need regardless of race, religion or any other difference. Prospective homeowners must meet three criteria: need; ability to repay the mortgage; and a willingness to partner with Habitat.
Myth: Habitat homeowners are on welfare.
Fact: While some Habitat homeowners receive Aid to Families with Dependent Children, many more are working people. Typically their annual income is less than half the local median income in their community.
Myth: You have to be Christian to become a Habitat homeowner.
Fact: Habitat homeowners are chosen without regard to race, religion or ethnic group, in keeping with U.S. law and with Habitat's abiding belief that God's love extends to everyone. Habitat also welcomes volunteers from all faiths, or no faith, who actively embrace Habitat's goal of eliminating poverty housing from the world.
Myths & Facts
Myth: Habitat houses reduce a neighborhood’s property values.
Fact: Housing studies show affordable housing has no adverse effect on neighborhood property values. In fact, Habitat houses have proven to increase property values and local government tax income.
Myth: Only African Americans get Habitat for Humanity homes.
Fact: Habitat builds houses in partnership with those in need regardless of race, religion or any other difference. Prospective homeowners must meet three criteria: need; ability to repay the mortgage; and a willingness to partner with Habitat.
Myth: Habitat homeowners are on welfare.
Fact: While some Habitat homeowners receive Aid to Families with Dependent Children, many more are working people. Typically their annual income is less than half the local median income in their community.
Myth: You have to be Christian to become a Habitat homeowner.
Fact: Habitat homeowners are chosen without regard to race, religion or ethnic group, in keeping with U.S. law and with Habitat's abiding belief that God's love extends to everyone. Habitat also welcomes volunteers from all faiths, or no faith, who actively embrace Habitat's goal of eliminating poverty housing from the world.
Applicant Requirements
Need - In order to be considered for a Habitat home you must have a need. For example if your current housing conditions are not adequate or if you are unable to obtain financing through traditional financing then you have a need. If there are issues with your current housing such as water, heat, electrical, other structural issues as well as overcrowding.
Ability to Pay - Since you are purchasing a home with Habitat for Humanity of Greater Bangor you must be able to have the ability to make the monthly payments on the mortgage. These payments will be calculated to include the appropriate taxes and insurance on the property. Please be aware that we do run credit histories on all potential partner families. The decision on a partner family is not entirely based on credit score but we do look to see if you are making your required payments.
Willingness to Partner - Once you have become a partner family you will be required to contribute a set number of sweat equity hours which can be broken up between the Habitat ReStore and the construction of your home. You will also be required to take a first time home buyers class as well as participate in financial counseling with a member of our family support team.
In order to qualify you must already reside in the Penobscot County.
Ability to Pay - Since you are purchasing a home with Habitat for Humanity of Greater Bangor you must be able to have the ability to make the monthly payments on the mortgage. These payments will be calculated to include the appropriate taxes and insurance on the property. Please be aware that we do run credit histories on all potential partner families. The decision on a partner family is not entirely based on credit score but we do look to see if you are making your required payments.
Willingness to Partner - Once you have become a partner family you will be required to contribute a set number of sweat equity hours which can be broken up between the Habitat ReStore and the construction of your home. You will also be required to take a first time home buyers class as well as participate in financial counseling with a member of our family support team.
In order to qualify you must already reside in the Penobscot County.
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