Shoals Habitat for Humanity Homeownership Program
Funding status: Active
How much assistance
Zero-interest mortgage on Habitat-built home; sold at no profit (Zero-Interest Loan)
Zero-interest mortgage repaid through affordable monthly payments. Homeowner completes 300 hours of sweat equity during construction.
Eligibility
- Income limits: Must meet low-income guidelines (typically 30-80% AMI for Lauderdale County)
- First-time buyer required: No
- Geographic restrictions: Must be a current resident of Lauderdale or Colbert County, Alabama.
- Homebuyer education required: Yes
How to Apply for Shoals Habitat for Humanity Homeownership Program
Step 1: Mail a completed application to Shoals Habitat for Humanity, ATTN: Homeowner Selection, PO Box 3135, Florence, AL 35630. Applicants must demonstrate housing need, meet income guidelines, and commit to completing 300 hours of sweat equity and homebuyer education.
Notes
Headquartered in Florence, AL. Builds affordable homes in the Shoals region (Lauderdale and Colbert counties). Houses are sold at no profit and no interest.