Habitat for Humanity to Hold Dedication for New House: Seeks Applicants for the Next One
Bennington Area Habitat for Humanity will host a dedication of the Gordon family home on Jennifer Lane in Manchester Center at 3 p.m. on Sunday, March 6. All are welcome to attend. Habitat works in partnership with people earning between 30 and 60 percent of the area’s median income.
Homebuyer partners work 200 hours, make a down payment and pay closing costs, and make monthly payments toward their mortgage, insurance and property taxes. Mortgages through the program are interest-free, and Habitat does not make a profit on the sale of the houses. The homes are built in partnership with homebuyers, volunteers and the donors whose generosity makes funding the houses possible. These monthly payments – approximately $700 to $850, often hundreds less than what it costs to rent – help Habitat to construct the next house. Because the houses are highly energy efficient, they cost less to heat and cool.
Habitat for Humanity builds homes with people who do not qualify for a conventional mortgage and cannot afford a typical home in this area. Applicants must be in need of better housing, have a history of good financial management and be willing to partner with Habitat.
This year Bennington Area Habitat for Humanity will build two new houses, another on Jennifer Lane and one on North Branch Street in Bennington. Applicants are sought for the new homes. Families whose income is between $24,000 (family of two) and $59,300 (family of eight) are eligible and encourage to apply.
We encourage those who are interested to contact our office immediately for information and to begin the application process. Applications will be accepted until a homebuyer is selected. Call 802-367-1000 to learn more.