Habitat for Humanity of Greater Memphis is a nonprofit ecumenical Christian housing ministry dedicated to eliminating substandard housing in the city of Memphis and its surrounding areas. Habitat is committed to making decent housing a matter of conscience and action and building strong communities. The organization works to build simple, decent and affordable homes in partnership with low-income families, who are in need of adequate shelter. The homes are then sold to Habitat’s partner families, at no profit and with no interest charged. Families invest hundreds of hours of their own labor – sweat equity – into building their homes and the homes of others. Their mortgage payments go into the revolving Fund for Humanity, which is used to build more homes. Since its founding in 1983, Habitat has built more than 320 homes in Shelby and Fayette counties. Habitat for Humanity does not provide free housing. It is not a federal government program or a transitional housing provider.Who qualifies for Habitat?
To qualify, applicants must:
- Be a first-time home buyer
- Live or work in Shelby County
- Reside in substandard housing and have an actual need
- Be unable to qualify for a conventional loan due to income level
- Have stable, verifiable income that is sufficient to support a monthly mortgage payment, in addition to other expenses
- Have fair or passable credit
- Be willing to partner with Habitat for Humanity
- Be able to pay a $1,000 down payment
- Meet the income guidelines listed below
Habitat for Humanity Income Guidelines:
| Family Size | Gross Yearly Income |
| 1-2 | $12,050-$36,650 |
| 3-4 | $15,450-$45,850 |
| 5-6 | $18,550-$53,150 |
| 7-8 | $21,300-$60,500 |
Home Owner Orientation (First Monday of each month, next one December 7th, click link for details.)
Financial Peace
Please inquire if you are interested in applying for a home. Contact Micheal Clark, Director of Family Services at 901.761.4771 x203.
E-mail your questions or comments to:
questions@memphishabitat.com.
