Home Ownership

Equal Housing Opportunity

          Tired of Renting?            

 Mortgage payments are often less than current rent. 
The next Habitat for Humanity Information Meetings will be 


at the Kokomo Public Library,  220 N. Union St., Kokomo, basement conference room. 
This is for people interested in becoming homeowners. This is the first step in becoming a part of the Habitat Homeownership Program.   
The essential criteria for becoming a Habitat Partner Family include: 
• Need for adequate shelter. 
• Ability to pay for the Habitat home. 
• Willingness to partner and participate with building your home. 
We are looking for low-income working families with a gross monthly income of at least $1,400 per month. 

Some of the benefits of partnering with Habitat for Humanity include: 
• Cost of home below appraised value. 
• Input into home design and interior choices. 
• Support/Advocacy program. 
Applications will be handed out at the meeting. No RSVP needed.    
Completed applications must be mailed to:  
P.O. Box 158, Kokomo, IN 46903-0158

For more information call Leanne at (765) 452-2185. 
Selection Criteria:
Families are selected based on level of need, willingness to ‘partner’ with Habitat and ability to repay the loan.

Habitat for Humanity of the Kokomo Community, Inc. selection procedures are non-discriminatory.

Those who are selected for the Habitat program are called a Partner Family. This term denotes the common goal of Habitat working together with the family to build not only a home, but a better tomorrow.

Most of the labor needed to build the homes is done on a volunteer basis.

People from the community, businesses and churches come together with the families to help better our community. The family that the home is being built for is required to help in the building process by investing sweat equity hours. The purpose of the sweat equity hours is not only to help reduce the cost of home, but more importantly to develop pride of ownership.
Income Guidelines:
Family income must fall in the following ranges based on family size. Income is “gross monthly income” and may come from a variety of sources, including wages, disability, child support, as well as other sources. Upper limit is 50% of the median income for Howard County. Lower limit is either $14,900 per year or 30% of the median income for the county.
Gross Monthly Income Limits:
 Family Size Minimum Maximum
 1 - 2 $1,400 $2,075
 3 $1,400 $2,330
 4 $1,550 $2,590
 5 $1,680 $2,800
 $1,800 $3,008