How to Qualify for a New Orleans Habitat Home

Explore Habitat homeownership qualifications to see if you can become a partner family.




We are pledged to the letter and spirit of U.S. policy for the achievement of equal housing opportunity throughout the nation. We encourage and support an affirmative advertising and marketing program in which there are no barriers to obtaining housing because of race, color, religion, sex, handicap, familial status, national origin, age, marital status, sexual orientation, or sources of income.
Habitat Homeowner Qualifications

Homeowner Hotline:  (504) 861-2077 ext. 247

Need for Housing

You will be considered for a Habitat home if your present housing is not adequate, and if you are unable to obtain adequate housing through other conventional means. 

Lack of adequate housing may include problems with the present structure; water, electrical or sewage service systems; heating system, hazardous substances, or failure to meet city property maintenance standards. You may also meet the need for housing qualification if you are living in an overcrowded or unaffordable situation. If you are living in subsidized or transitional housing, such as Section 8, you may qualify.


Ability to Pay
As you will be buying your house from Habitat, you must demonstrate an ability to pay the monthly mortgage payment on your home.  This monthly payment includes mortgage, real estate taxes, insurance payments, and a termite contract.  We will help you to determine if this payment will jeopardize your ability to meet all your other family financial obligations and expenses.  

Family Income
You must have at least one year of stable income coming into your household.  We can include non-work related income such as food stamps, child support, Social Security, etc. as stable income if you can guarantee you will receive that income for the next two years. The minimum required income before taxes for a family between one and six people is $1,600 per month, or $19200 per year.

Credit
All applicants will undergo a credit check. Because we are interested in your access to homeownership, we are not as strict in your credit review as a bank might be. If there has been a bankruptcy in your past, it needs to be discharged for at least two years and you must demonstrate improved credit since then. If you have a court judgment resulting in a fine or settlement that is still unpaid, the judgment must be paid off in full. You must have less than $2,000 in past due debt to move forward in the application process.  We do not count medical debt that is 18 months or older.

Willingness to Participate as a Partner with Habitat

Once you have been selected to receive a home, you become a 'partner family.' This partnership is a unique characteristic of our program in that you contribute to your ongoing eligibility through “' equity.' This means that your family is responsible for completing 350 volunteer hours with New Orleans Area Habitat for Humanity. This sweat equity hour requirement can be completed during site construction on current homes and by attending homeowner classes. Sweat Equity is a fun way to stay involved with both the Habitat community and the process of completing your future home.  

If you meet the qualifications and would like more information about Habitat homeownership, please call the Homeowner Hotline at (504) 861-2077 ext. 247.