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Pikes Peak Habitat for Humanity Homeownership Program

Administered by:
Pikes Peak Habitat for Humanity
· Nonprofit · Zero-Interest Loan
Funding status: Active

How much assistance

Affordable Habitat mortgage with sweat-equity ownership model
Affordable mortgage retained as long as the Habitat homeowner; resale conditions apply.

Eligibility

  • Income limits:
    Low-income households (typically below 80% of Area Median Income, varies by family size).
  • First-time buyer required: Yes
    Applicants may not have owned a house or land for the three years before applying (mobile homes excluded).
  • Geographic restrictions:
    Applicant(s) must have lived in El Paso County for at least one year before applying. All household members must be U.S. citizens or Legal Permanent Residents. Home must be a primary residence.
  • Homebuyer education required: Yes

How to Apply for Pikes Peak Habitat for Humanity Homeownership Program

Submit an application through pikespeakhabitat.org or contact Pikes Peak Habitat at 719-475-7800 (3730 Sinton Rd., #100, Colorado Springs, CO 80907). Approved homebuyers complete 200 hours of sweat equity, mandatory homebuyer education classes, and monthly financial reviews while their home is being built.

Notes

Selection based on level of need, willingness to partner with Habitat, and ability to repay an affordable mortgage. Funded in part through HOME and CDBG partnerships with the City of Colorado Springs.

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