DAVENPORT, Iowa — Habitat for Humanity Quad Cities is holding informational meetings this week for people interested in owning a home through their affordable homeownership program.
Habitat builds modest homes and sells them to partnering families for a low down payment, zero-interest mortgage, and affordable monthly payments based on the family's income.
The families are picked for ownership based on three criteria:
- Need for safe affordable housing
- Ability to pay the mortgage
- Willingness to partner with Habitat
The programs take an average of one to three years to complete, which includes working with a mentor, taking homeownership preparation classes, and completing "sweat equity" hours each month. Sweat equity hours are earned by helping at the ReStore (Habitat's resale shop), helping in the office, and working on construction projects, including the partner family’s own home build.
This week's meeting will be held both virtually on Zoom and in-person at the Habitat office located at 3625 Mississippi Avenue in Davenport. The meetings will be Thursday, July 27 at 6 p.m., and Saturday, July 29 at 10 a.m.
Those interested in attending must RSVP through the website by clicking here or call the office (563-359-9066) to RSVP for in-person attendance. The meetings will provide more detailed information into the program, and allow time to ask questions and speak with staff.
Habitat Quad Cities is dedicating nine homes this year, equaling a total of 134 homes since 1993.