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Habitat for Humanity of Carlsbad Area Homeownership Program

Administered by:

Habitat for Humanity of Carlsbad Area
· Nonprofit · Zero-Interest Loan

Funding status: Active

How much assistance

Affordable home with 0% interest 20-year mortgage; sold to qualified families at no profit

0% interest 20-year mortgage. Long-term affordability covenants apply.

Eligibility

  • Income limits:
    Targeted to very low-income families in need of affordable, decent shelter.
  • First-time buyer required: Yes
    Must be a first-time homebuyer with demonstrated need for housing.
  • Geographic restrictions:
    Serves Carlsbad and Loving, NM (Eddy County).
  • Homebuyer education required: Yes

How to Apply for Habitat for Humanity of Carlsbad Area Homeownership Program

Contact Habitat for Humanity of Carlsbad Area at (575) 234-9658 or visit 513 N Canyon St., Carlsbad, NM. Selected partner families complete homeowner education and contribute sweat equity hours, then purchase the home with a 20-year 0% interest mortgage.

Notes

Established 1991. Verify current application cycle and sweat equity requirements with Habitat directly.

Cities Where This Program Is Available (1 city across 1 state)