orientation (page 3 of 5)
Criteria for homeownership (continued)
Willingness to partner:
- Once approved, must be willing to complete sweat equity (volunteer) hours
- 75 hours for a single applicant
- 150 hours for those with a co-applicant
- Once approved, must complete homebuyer education classes
- 8 homebuyer classes
- 1 first-time homebuyer workshop
- Encourage other families to participate in the Habitat Orlando & Osceola program
- Be responsible for the maintenance of your home from the day you move in
- Be responsible for repaying the mortgage loan in a timely manner so that other families can benefit from the homeownership program
- You must complete 36 sweat equity hours per quarter to remain in the program (12 hours per month).
Where you can complete sweat equity hours:
- Construction site
- Office help
- Speaking engagements (including interviews with media / Habitat Orlando & Osceola marketing team)
- Special events
- Crafting/thank you letters, etc.
We can accommodate disabilities; everyone is invited to partner for affordable homeownership!
School grades toward sweat equity:
A maximum of three children of partner families may earn sweat equity hours for each passing academic grade (B or above), each quarter after date of approval.
Academic courses are defined as Math, Science, English, History or Foreign Language.
- The credit will be applied as followed: A = 1 hr., B = 0.5 hr.
- In addition, hours will accrue for residents of the household who complete an academic college course with the grade of a “B” or above after date of approval. Credit is equal to the number of credit hours earned.
To continue with online orientation, please indicate that you understand and agree to the content of this orientation.