PLEASE READ: We are only accepting applications from those willing to purchase a single family style attached townhome on 628 Maple Ave at this time. All other applications received will not be processed.
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.
For more information on our application period or for questions contact Catherine Mitchell at (859) 252-2224 Ext. 130 or CatherineM@lexhabitat.org
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 $1,500 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 Lexington 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 $2,400 per month. Annual income from current sources must have been at least $28,800 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 (Updated June 2023):
Household of 1: $37,560
Household of 2: $42,900
Household of 3: $48,240
Household of 4: $53,580
Household of 5: $57,900
Household of 6: $62,160
Household of 7: $66,480
Household of 8: $70,740
Returning Your Application
Completed applications can be returned in one of the following ways:
Mailing to or placing in a drop box at 700 E Loudon Ave Lexington, KY 40505
Additional information will be provided to you after the pre-application is reviewed. All forms received will be reviewed and a response will be mailed within 30 days.