PARADISE, Calif.
Some Butte County residents have the opportunity to become first-time homeowners as Habitat for Humanity prepares to build new houses on the Paradise Ridge.
Those who qualify have the opportunity to help build their own home from the ground up. They will need to commit to at least 250 hours of sweat equity work to help build the home.
This program strips away many of the financial barriers that often stand in the way of homeownership.
“Supporting lower-income households in achieving homeownership is incredibly important for affordability and stability,” said Erin Murray, Housing and Homeless Program Manager at the Butte County Department of Employment and Social Services. “Often times, costs associated with homeownership are less than that of renting, in addition to the opportunity to begin building generational wealth.”
Another benefit to homeownership is a stronger sense of community, says Murray.
“Homeownership also provides an opportunity to establish roots in the community and build relationship with others within the area.”
The application window opens on Monday, Oct. 2 and lasts through Friday, Oct.6. Those who qualify can drop off an application between 11 a.m. and 6 p.m. at Habitat for Humanity’s office, located at 220 Meyers Street in Chico.
Prospective homeowners must earn between 60 and 80 percent of the area’s median income, which is between $39,600 and $52,800 for a family of two. Priority will be given to people displaced by recent disasters as well as single parents and those 65 and older.
Proof of a steady income and the ability to pay a $2,000 down payment are also required.
Click here for a full list of requirements to qualify.