CONCORD, N.C. (July 25, 2023) - Habitat for Humanity Cabarrus County (Habitat Cabarrus) is once again welcoming families and individuals to apply for its affordable homeownership program. Applicants must be first-time homebuyers, demonstrate a need for affordable housing, have the ability to pay an affordable mortgage and be able to complete all program requirements.
Selected homebuyers and age-appropriate members of the household will complete 250 sweat equity hours (16-17 years old 100 hours) on home builds. The program requires members of their household to attend approximately 50 hours of homebuyer education courses prior to purchase. These unique requirements prepare future homeowners for success and have shown amazing results in Habitat Cabarrus’ 34-year history. Throughout the pandemic, Habitat Cabarrus homeowners had zero defaults on their mortgage payments.
“Homeownership has become a REAL challenge for those in the 30-60% median income range. As the cost of housing and living have increased upward of 38% over the past 10 years, we are so happy to be creating transformational opportunities for families and individuals to become first-time homebuyers. History has shown us the stability of homeownership impacts the family in more positive ways than just owning a home, it benefits the outcome of the children and helps to stabilize the surrounding neighborhood,” says Bill Shelton, Chief Executive Officer at Habitat Cabarrus.
Habitat Cabarrus is requesting applicants set an appointment to turn in applications with required documentation by contacting Willmarie Austin at willmarie@habitatcabarrus.org or 704-786-4001 Ext. 104. Habitat Cabarrus will post a virtual information session on its Facebook page https://www.facebook.com/habitatcabarruscounty/ beginning August 8 and it will be available on its YouTube Channel—Habitat Cabarrus, August 9. The Habitat affiliate will hold two in-person information sessions in English and one in Spanish on the Homeownership Program. Attendance is recommended if applying, in person or virtually. To attend a session in person, RSVPs must be made to reserve a seat, space will be limited.
All Habitat homebuyers pay an affordable mortgage. Through financial support, volunteering, or advocating in support of affordable housing, everyone can help families achieve the strength, stability, and self-reliance they need to build better lives for themselves.
To learn more, please visit www.habitatcabarrus.org or call Willmarie Austin at (704) 786-4001. Ext. 104
Information Sessions:
Tuesday, August 8 - Kannapolis Train Station (201 S Main St, Kannapolis) | 11:30am – 12:30pm Or 6:00pm – 7:00pm
En Español
lunes 7 de agosto - El Puente Hispano (335 Ann Street NW. Concord, NC) 28025. | 6:00pm – 7:00pm
Thursday, August 10 - McGill Baptist Church (in the Sanctuary) (5300 Poplar Tent Rd, Concord) | 11:30am – 12:30pm Or 6:00pm – 7:00pm
About Habitat Cabarrus: Since Habitat Cabarrus was founded in 1989, we have dedicated 172 New Builds, completed over 500 Critical Home Repairs and helped 2,200 Cabarrus County Neighbors. Through faith, innovation, and passion, and thanks to the support of countless community partners, volunteers, donors, and advocates, Habitat Cabarrus has made a significant impact in Cabarrus County since its founding.