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Habitat for Humanity of Hobbs Homeownership Program

Administered by:

Habitat for Humanity of Hobbs, NM Area
· Nonprofit · Zero-Interest Loan

Funding status: Active

How much assistance

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

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

Eligibility

  • Income limits:
    Targeted to low-income families demonstrating need for housing and willingness to partner with Habitat through sweat equity.
  • First-time buyer required: Yes
    Must be a first-time homebuyer with demonstrated need for housing.
  • Geographic restrictions:
    Serves the greater Hobbs area in Lea County, NM.
  • Homebuyer education required: Yes

How to Apply for Habitat for Humanity of Hobbs Homeownership Program

Contact Habitat for Humanity of Hobbs at 575-397-4398 or PO Box 5833, Hobbs, NM 88240. Dual applicant families must complete at least 500 hours of sweat equity working on Habitat homes and other Habitat activities. Homeownership preparation is included.

Notes

Has placed 38+ families in homes since founding. Verify current application cycle and sweat equity hour requirements with Habitat directly.

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