Habitat for Humanity Metro Maryland
Description
Create simple, decent and affordable homeownership opportunities in Montgomery and Prince George’s Counties, MD.
https://www.domore24.org/#npo/habitat-for HFHMM’s homes are built, rehabilitated or repaired by a largely volunteer workforce. Built and rehabilitated homes are then sold to qualified families at no-profit and financed with affordable, no interest mortgages. Repaired homes are currently owned by low to moderate income families. The families’ monthly mortgage payments or repayments are paid directly to HFHMM and go into a revolving fund which helps to build even more Habitat homes. In addition to a down payment and monthly mortgage payments or repayments, homeowners invest anywhere between 10 to 500 hours of their own labor – “sweat equity” – into building or repairing their homes.
Our program provides affordable homeownership solutions for low-income families through the construction, rehabilitation or repair of homes. At HFHMM, we are not only committed to meeting the housing need of our community; we are also committed to providing residents with a full range of supportive services to help them maintain their homes, mortgages and families!
HFHMM addresses the critical need for affordable housing by providing homeownership opportunities for Montgomery County families in need. We serve families whose income is 30%-60% of the current median income, as defined by the US Department of Housing and Urban Development for Montgomery County and Prince George’s County.
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