Homeownership Program

Homeownership Program Overview

Program Status: Applications currently closed; note states "Applications are temporarily closed. Kindly revisit for upcoming openings."

Previous Deadline (historical): October 25, 2025

Geographic Scope: Charlottesville, Albemarle, Greene, and Louisa counties

Program Description:
Partners with qualifying individuals and families to purchase homes with affordable mortgages. Qualified homeowners pay an affordable monthly mortgage that is no more than 30% of their gross monthly income. Habitat builds 2, 3, and 4-bedroom homes.

Homebuyer Engagement Requirements:
Habitat homebuyers are strongly engaged in every step of the homebuying process:

• Volunteering with Habitat
• Attending monthly financial coaching meetings
• Participating in classes to become successful homeowners

Eligibility Requirements

Applicants must meet ALL of the following:

• Residency/Employment: Must have lived or worked in Charlottesville, Albemarle, Greene, or Louisa for at least the previous 12 months
• Income Limit: Maximum household income is 60% of Area Median Income (AMI) as defined annually by the U.S. Department of Housing and Urban Development
• First-Time Homebuyer Status: Be a first-time homebuyer or have not owned a home within the last 3 years

2025 Income Guidelines (60% AMI):

• Household of 1: $4,405/month
• Household of 2: $5,035/month
• Household of 3: $5,665/month
• Household of 4: $6,290/month
• Household of 5: $6,795/month
• Household of 6: $7,300/month
• Household of 7: $7,800/month
• Household of 8: $8,305/month
• Additional member: $500/month

Selection Criteria

Habitat considers the following when selecting future homeowners:

Need for Housing: Both financial and housing need for individuals and families

Ability to Pay: Future homeowners will pay affordable mortgage payments that are no more than 30% of gross monthly income

Willingness to Partner: Applicants must show willingness to work with Habitat in a true partnership, including:

• Disclosing financial information
• Volunteering with Habitat
• Completing the homebuyer education program

Contact Information:

• Phone: 434-293-9066
• Address: 967 2nd St SE, Charlottesville, VA 22902
• Tax ID: 54-1574925

How to Apply for Homeownership

1. Complete Homeownership Interest Form
   • Complete the form to be notified when the next application cycle opens
   • Submit via their online form
   • Note: The interest form is NOT an application
2. Attend Application Information Meeting (AIM)
   • You will be contacted to schedule and attend an Application Information Meeting
   • At the meeting you will:
   • Review steps in the application process
   • Learn about current home designs
   • Discuss program requirements
   • Set expectations for Habitat Homeownership
3. Complete AIM Quiz
   • Must complete the AIM quiz after attending an Application Information Meeting
   • Taking the quiz provides access to Habitat's Online Homeownership Application
4. Submit Online Application
   • Complete Habitat's Online Homeownership Application
5. Submit Supplemental Documentation
   • Submit supplemental income, credit, and debt documentation as requested by Habitat staff
6. Financial Interview
   • Complete a financial interview with Habitat staff
   • Review income, debt, and program requirements
7. Home Pre-Selection
   • Meet with staff to review home designs
   • Reserve a future Habitat home
8. Homebuyer Approval
   • Habitat Board of Directors meets to formally approve new homebuyers to the program