Homeownership

At Milwaukee Habitat for Humanity we strive to serve those who would not qualify for a mortgage through a traditional lending institution. Milwaukee Habitat sells the home at no profit, serves as the mortgage holder and provides a zero-interest mortgage to partner families. Monthly mortgage payments are between $475-$600 and include a portion for property insurance and real estate taxes. The principal portion of each payment is recycled back into our program to build homes for more low-income families.

We currently build new construction homes in Washington Park neighborhood of Milwaukee.

For more information about Habitat homeownership, please call 414-255-3565.

Basic Qualifications

  • Be a first-time homebuyer in need of affordable housing
  • Have a steady source of income
  • Meet income guidelines
  • Have ability to partner with Milwaukee Habitat
  • Have ability to complete sweat equity 

The first step to becoming a Habitat homeowner is to attend a homeowner orientation - please see our Calendar of Events for upcoming sessions.

 

2013 Annual Income Guidelines
  Minimum Maximum
1 Person $14,750 $39,350
2 People $16,850 $44,950
3 People $18,950 $50,550
4 People $21,050 $56,150
5 People $22,750 $60,650
6 People $24,450 $65,150
7 People $26,150 $69,650


Sweat Equity
Our program utilizes a partnership model. Families admitted to the Habitat homeownership program complete a sweat equity requirement during which they participate in the construction of their homes and the homes of their neighbors. This component of the program provides partner families with the opportunity to learn construction skills, get to know their future neighbors and learn about Habitat for Humanity. Partner families must also attend educational workshops to fulfill the sweat equity requirement.



Milwaukee Habitat for Humanity  3726 N Booth St Milwaukee, WI 53212  Phone 414-562-6100   •   ReStore  3015 N 114th Street Wauwatosa, WI 53222  Phone 414-257-9078