Programs
Homeownership
We offer a supportive pathway to homeownership, emphasizing empowerment over handouts. Our mission is to assist hardworking families in realizing their dream of owning a home by providing guidance and resources.
We believe in fostering independence and responsibility, ensuring that families understand the commitment and effort required to achieve their goal.
How we create affordable housing
- Leveraging Building Supply Donations
- Utilizing Volunteer Labor When Possible
- Negotiating discounted rates with construction vendors, including electricians and plumbers
- Fundraising Year-Round to Fund Homes
By combining these strategies, we pave the path to a brighter future for families within our community.
Our Homeownership Program Provides
Down Payment: $0 down; this is paid by Housatonic Habitat for Humanity through a second, silent mortgage.
Subsidized Mortgage: Providing lower monthly payments.
Homebuyer Assistance: We are with you every step of the way. Housatonic Habitat for Humanity representatives, financial advisors and support from local banks.
Qualifications Required
- Household income of at least $60,000
- Credit Score of 620+
- Good Repayment History
- 2+ Years At Current Job
If you check all those boxes, the next step is completing our pre-screening application.
What we expect from homeowners
We expect homeowners to contribute ‘Sweat Equity’ for community involvement and empowerment. Alongside this, completing financial literacy workshops that empower informed financial decisions and long-term stability.
- Dedicate a total of 250 hours
- Participate in construction activities alongside volunteers
- Engage in 50 hours of financial education aimed at successful homeownership
The added value of our homeownership program
- Stability for your family, a home where your family can thrive and strengthen connections.
- Enhanced well-being through improved health, physical safety, and a sense of security.
- Becoming an integral part of a community, where you establish roots and experience a sense of belonging.
- We build a sustainable supply of affordable housing, enriching our community.
The Proven Impact of Homeownership
- Children of homeowners are 25% more likely to graduate high school and 116% more likely to graduate college, improving their lifetime earning potential.
- Homeowners are 28% less likely to experience food insecurity, providing better health outcomes for their families.
- Owning a home builds wealth—on average, homeowners have 40 times the net worth of renters, offering long-term financial security.
- Homeownership strengthens communities—homeowners are more likely to vote, volunteer, and engage civically, fostering stronger local economies.
Available homes
Myfield Lane – New Preston
Rowan Street – Danbury
