Home ownership matters. Home ownership contributes to greater financial stability, educational achievement, civic participation, health and overall quality of life. Habitat home ownership is a hand up, not a hand out. Homes are sold to families who qualify, are willing to put in hundreds of sweat equity hours, and repay a low interest loan.
Selection Criteria for
the Fairplay-Costello Project
We will be opening applications for Fairplay’s next 3 homes in May. Applications for the final 3 homes will open in August. Click Here for a quick overview of our Fairplay homeowner selection process
Step 1: Orientation
- Mandatory 1 hour Homeownership Program Orientation, via Zoom
- There will be three opportunities to attend this 1-hour session
- We will discuss the project, the homes, and our program process
Step 2: Application & Income Qualification
- Applicants complete a Q&A call with Habitat Staff.
- Complete application and provide requested income and employment verification documents.
- Habitat Homeowners need to work a minimum of 32 hours in Park County
- Have lived and worked in Park County(minimum of 24 months or proof of permanent employment)
- Earn < 80% of the Average Median Income for Park County(see chart below).
| Household Size |
80% AMI |
| 1 Person |
$62,080 |
| 2 People |
$66,520 |
| 3 People |
$70,960 |
| 4 People |
$79,840 |
Step 3: Applicant Interviews
- Applicants will be paired with a member of the Homeowner Selection Committee.
- There will be a one – two hour, in person interview, at the current residents of the applicant.
Homeowners are selected based on the following:
- Need for safe, affordable housing
- Ability to pay an affordable mortgage (typically <$1,200)
- Minimal debt to income ratio
- Willingness to partner with Habitat
- Complete 200 hours of sweat-equity per homeowner
