Habitat Homes in Elyria-Swansea

Habitat for Humanity of Metro Denver is excited to begin construction on 32 new 3 and 4 bedroom homes in the Elyria-Swansea neighborhood.  Click here to learn more about Swansea Homes at 43rd & Elizabeth!

Please read our program's qualifications below to see if purchasing one of these homes is a good option for you and your family.  Please note that Habitat homeowners build and buy their homes, and pay affordable mortgage payments. 

The minimum monthly household income to qualify for our Swansea Homes is $4,112

Want to find out if you’re eligible? Review the financial and general qualifications below to understand the criteria for being selected into our program:

Financial Requirements

 

  • Maintain a monthly gross income within our income guidelines (see chart below)
  • Have less than $2,000 in unpaid collections
  • Including a Habitat mortgage payment of 30% of household income, have a debt-to-income (DTI) ratio of less than 43%
  • Have at least two years since discharged from bankruptcy
  • Minimum of six consecutive months of employment on all current jobs, or 2 years if self-employed

 

Bedroom Size

Minimum Monthly Income

Maximum Monthly Income

3-bedroom

$4,112

$6,954

4-bedroom

$4,430

$7,913

Income Chart This income chart is specific to Habitat's Swansea Homes only.

 

*Please note that this income chart is specific to Habitat's Swansea Homes only. 

 

Click here to learn more about Habitat's income guidelines for other properties. 

 

Click here to learn about other Habitat homes that are available.

General Requirements

 

  • Must have lived or worked in metro Denver for at least 6 months (incorporated Adams, Arapahoe, Denver, Douglas and Jefferson counties)
  • You must be a U.S. Citizen or Legal Permanent Resident (green card)
  • You cannot currently own a home
  • If married, both spouses must be co-applicants and your spouse must live in the metro Denver area (they cannot live outside of the country)
  • You cannot be a sex offender

 


How to Prepare to Purchase a Habitat for Humanity Home

Ready to learn more?

 

Click here to register
for the Oct. 1
information session.

 

Here's what you can expect to learn during the information session:

  • How the Habitat Homeownership Program works, including qualifications and partnership agreements
  • Preliminary financial calculations to determine your maximum affordable mortgage amount
  • Available houses and condos for sale
  • Time and assistance to fill out a program application

You do not need to fill out an online application if you are registered for the Information Session as there will be an opportunity for you to fill one out in-person.


 

Not quite ready to become a Habitat homeowner?

If you don’t currently meet all of the requirements above, that’s okay!  Click here for additional resources, including financial coaching to help you understand how to budget, pay down debt, and plan for the future.

 

equal housing bk.jpg

We are pledged to the letter and spirit of the U.S. policy for the achievement of equal housing opportunity throughout the nation. We encourage and support an affirmative advertising and marketing program in which there are no barriers to obtaining housing because of race, color, religion, sex, sexual orientation, gender identity, handicap, familial status, or national origin. 

Habitat for Humanity of Metro Denver is a 501 (c) nonprofit organization, FEIN: 74-2050021 see our About Us page for more organization information.