Homeownership Program

PLEASE READ: We are only accepting applications from those willing to purchase 748 Florida Street (two bedroom) at this time. All other applications received after 5:00pm on Friday, May 21 will not be processed.

Check back here for more information on our next application period or for questions, contact Catherine Mitchell at (859)252-2224 Ext. 130 or CatherineM@lexhabitat.org.

Returning Your Application

Completed applications may be returned by (1) mailing to or placing in a drop box at 700 E Loudon Ave Lexington, KY 40505, (2) scanning and emailing to CatherineM@lexhabitat.org or (3) by fax to 859-252-0545. After an application is submitted, Lexington Habitat will respond by mail within 30 days. Applicants will be scored and ranked by level of need. Not all applications will be approved.

About The Homeownership Program

Through new construction and remodeled homes we offer a wide variety of quality, energy- efficient affordable housing opportunities in Lexington, Kentucky to qualified families.


Applicants Must Demonstrate the Following:

1. Substantial need for housing. Your housing must present one or more of the following issues:

  • Substandard – problems with heat, water, electricity, structure

  • Insufficient space – lacking enough bedrooms for the number of people in the household

  • Dangerous – located in unsafe or unsanitary living conditions

  • Inadequate – not suited for a family member who has a limitation

  • Subsidized for an extended period of time


2. Ability to Pay

  • Your income source(s) are consistent and show an ability to pay an affordable mortgage, utilities and home maintenance costs

  • Your income will allow you to pre-pay $1,200 towards loan closing costs

  • Your credit report and current debts are satisfactory


3. Willingness to partner with LHFH

  • Completing the application on time with all the requested information

  • Be willing to move to a new location within Lexington

  • Agree to complete sweat equity hours

  • Show that the homebuyer is ready for the responsibilities of owning and maintaining a home and yard


Requirements to Purchase a Habitat Home:

  • U.S. Residency – You must provide proof of U.S. citizenship or legal residency through a birth certificate, passport,  permanent resident card, I-94 card, or other documentation provided by the U.S. government.

  • Local Residency/ Work History – You must have lived or worked in Fayette County, KY for one continuous year prior to application.

  • Monthly Income – Your gross monthly income must be at least $2,000 per month. Annual income from current sources must have been at least $24,000 for the 12 months prior to application. You must have been at the same job/had same income source for one year or had consistent income for two years prior to application.

  • Satisfactory Credit – Your credit report and current debt must be satisfactory. We will obtain your credit report and review it with you to see if you are eligible to proceed. Bankruptcy filings must have been discharged a minimum of three years prior to your application. Any foreclosures must have been settled at least 5 years prior to your application. Collection and charge off debt cannot exceed $2,000.

  • Have a total household income which does not exceed 60% of the median income for similar size families in Fayette County

  • Household Size/Maximum Income (2020):

Household of 1: $31,740    
Household of 2: $36,240
Household of 3: $40,800     
Household of 4: $45,300       
Household of 5: $48,960
Household of 6: $52,560
Household of 7: $56,220
Household of 8: $59,820

Equal Housing Opportunity

The federal Equal Credit Opportunity Act prohibits creditors from discriminating against credit applicants on the basis of race, color, religion, national origin, sex, marital status, age (provided the applicant has the capacity to enter into a binding contract); because all or part of the applicant's income derives from any public assistance program; or because the applicant has in good faith exercised any right under the Consumer Credit Protection Act. The federal agency that administers compliance with this law concerning this creditor is the Federal Trade Commission, Washington, D.C. 20580.