Affordable Homeownership Opportunity in Sanford
- March 5th 2023
- Clubs & Organizations
- Habitat for Humanity real estate
Press Release
Habitat for Humanity York County is currently seeking applicants to purchase a three-bedroom
house in Sanford. The house is the first of five homes being built by Habitat for Humanity in
Sanford. Construction is planned to begin in Summer of 2023.
Habitat for Humanity York County is eager to create affordable homeownership opportunities in
Sanford. According to Maine Housing data, the median home price in Sanford has increased for
the past 7 years making the cost of purchasing a home in the city unaffordable to 64.3% of
households. The median home price in 2021 was $264,000. Hourly wage earners would need to
make $36.34 an hour for a home at that price to be affordable. If selected for a Habitat for
Humanity home, the homebuyer’s monthly payment will be no more than 30% of their monthly
household income.
Habitat partners with local households in York County who show a demonstrated need for safe,
affordable housing, a willingness to partner with Habitat through completing “sweat equity” in
the building of their own homes or the homes of other Habitat families, and the ability to repay
an affordable mortgage. Homes are constructed using volunteer labor, donated materials, and
fundraising. Once completed the homeowner’s mortgage payments are recycled to support the
construction of future Habitat for Humanity homes.
Who is eligible for a Habitat home? People living or working in York County whose annual
household incomes are between 35% and 60% of the area median income. Habitat’s path to
homeownership is an important and in-depth process, requiring hard work, time and dedication,
this helps to ensure the long-term success of Habitat homeowners.
If you are interested in becoming the next Habitat Partner, please visit
habitatyorkcounty.org/homeownership to see the specific qualifications for homeownership and
to learn more about the application process. Email Habitat at program@habitatyorkcounty.org or
call (207)-985-450 to apply.
