HUD Income Guidelines

In order to quality for a Habitat home, your income MUST fall within the guidelines below:

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‍*We do not currently accept Section 8 vouchers.

Please give us your information, and you will be placed on a waiting list. We will contact you when we reach your name on our waiting list.

The need for affordable housing is in our community now, more than ever. We currently have more than 300 people on our waiting list. It will take 2-3 years before we get to your name and can invite you to apply.

There are several things you can do to help prepare yourself for homeownership:

1. Maintain steady monthly income for a minimum of six months.
2. Run your credit report. Pay off any delinquent accounts or judgements. You are entitled to one free credit report every 12 months from each of the nationwide consumer credit reportingcompanies. Request a report by visiting annualcreditreport.com.
3. Maintain fiscal responsibility. Manage the number of credit cards and loans you have. Always pay your bills on time. Avoid taking on new debts whenever possible. Continue to pay down your current debts.
4. Apply for a traditional mortgage through your bank or credit union. If you qualify for atraditional mortgage that will likely disqualify you for the Habitat program. (Exceptions may be made when you are unable to purchase a home that meets your families need because theloan amount is too low).

Please contact Iowa Heartland’s office if you have any questions.