This is the Readiness Assessment for Habitat for Humanity Portland Region's Homeownership Program.

Please note: this is not an application for Habitat's homeownership program. This questionnaire is intended to identify whether or not you meet the minimum qualifications to move forward with a full application for Habitat's Homeownership program.

If you meet the minimum qualifications, you will be invited to create a login for Habitat's application portal and can submit an application through the portal, or in-person at our office. You will be asked to share more in-depth information about your income and we will verify all information provided on your application.

If you do not meet the minimum qualifications, we encourage you to review the resources shared once you complete this form and fill this out again when you feel you may meet the minimum qualifications. You can still move forward with an application if you wish to do so.

First Name

Last Name

Email Address

By filling out this form, your email address will not be added to any marketing or information distribution lists. We collect your name and email solely for the purpose of answering any follow up questions you may have about this form or your responses to it, by being able to confirm which response belongs to you.

What Neighborhood Are You Applying For?

Oak Row - Gresham - 2 bedrooms, 2.5 bathrooms.

Located on Oak Street between E Burnside Street and SE Stark Street in Gresham, Habitat for Humanity is excited to be partnering with West Coast Home Solutions on this 11-home neighborhood in the Rockwood neighborhood. The neighborhood will feature 2-bedroom, three story townhomes along with a small greenspace and playground. 2 homes are currently available.

The minimum combined income for applicants and co-applicants for a home at Oak Row is $60,472.52.

Learn more about Oak Row!

Which neighborhood are you applying for?

Page 2 - Minimum Income

Habitat has two income requirements for the homeownership program: a minimum requirement for the income of the applicant and co-applicant, and a maximum income for all income-earning household members.

Below, you will calculate the total pre-tax income of both the applicant and co-applicant (if there is one).

This minimum income requirement ensures that the applicant and co-applicant can afford the mortgage on their new home, meaning monthly payments are less than 34% of their combined income.

Income is complicated. If you are close to the minimum or maximum income, if you have questions about how to calculate your income, or otherwise have questions about this, please call us at 503.287.9529 ext. 1324

Oak Row Applicant and Co-Applicant Minimum Income - $60,472.52

1. Does the combined income of the applicant and co-applicant meet the minimum income listed below?

2. If applicant and co-applicant combined income is at or above this number, select "yes". If it is not, select "no".

The minimum required income for a 2-bedroom home at Oak Row is $60,472.52
Make sure you are including all regular income, including 1099 income, social security or disability, and profits from businesses.

Is the total combined income of both the applicant and co-applicant at or above the minimum required income?

King City Applicant and Co-Applicant Minimum Income - $70,000

1. Does the combined income of the applicant and co-applicant meet the minimum income listed below?

2. If applicant and co-applicant combined income is at or above this number, select "yes". If it is not, select "no".

The minimum required income for a 3-bedroom home at King City is $70,000
Make sure you are including all regular income, including 1099 income, social security or disability, and profits from businesses.

Is the total combined income of both the applicant and co-applicant at or above the minimum required income?

You may not meet this qualification

Habitat has minimum income qualifications to ensure that each person who purchases a home with us can afford the cost of their home without it exceeding more than 34% of their total income.

Make sure you included all forms of income, including SSI or SSDI, spousal support, and the income of all household members. Habitat uses gross income, or income before taxes, so be sure to adjust to include all income before taxes.

Page 3

Below, you will calculate the total pre-tax income of ALL income-earning household members, including applicants and co-applicants.

Income is complicated. If you are close to the minimum or maximum income, if you have questions about how to calculate your income, or otherwise have questions about this, please call us at 503.287.9529.

Total Household Income

How many people are currently in your household?

1. Look at the 'household size' column on the left and find your household size.

2. Is the total household income (including everyone in the household who earns money, even if they aren’t an applicant or co-applicant) BELOW the maximum income in the right column?

3. If the total household income is at or below the maximum household income for your household size, select "yes". If it does not, select "no".

Make sure you are including all regular income, including 1099 income, social security or disability, and profits from businesses.

Household Size	Maximum Household Income
1	$69,550
2	$79,450
3	$89,400
4	$99,300
5	$107,250
6	$115,200
7	$123,150
8	$131,100

Is your total household income (including household members who are not applicants or co-applicants) at or below the maximum for your household size?

You may not meet this qualification

Habitat has minimum income qualifications to ensure that each person who purchases a home with us can afford the cost of their home without it exceeding more than 34% of their total income.

Make sure you included all forms of income, including SSI or SSDI, spousal support, and the income of all household members. Habitat uses gross income, or income before taxes, so be sure to adjust to include all income before taxes.

Page 4

Have you owned a home in the last 3 years?

You may not meet this qualification

Habitat requires all homebuyers to be first-time-homebuyers, meaning you cannot have owned a home in the last 3 years. This includes co-signing on a home.

Page 5

Habitat requires either the Applicant or Co-Applicant to have 2 or more years of consistent, qualified income or employment.

Read the following statements carefully before answering whether or not the Applicant and/or Co-Applicant meets the requirement.

Employment

If the Applicant is employed full-or part time by an employer, they must have at least two years of consistent work history.
OR
If the Applicant is self-employed, they have been self-employed for at least two years.
AND
SSI, SSDI, Child and Spousal Support and other types of income require documentation.

Does the Applicant's income meet the above requirements?

Is there a Co-Applicant?

If the Co-Applicant is employed full-or part time by an employer, they must have at least two years of consistent work history.
OR
If the Applicant is self-employed, they have been self-employed for at least two years.
AND
SSI, SSDI, Child and Spousal Support and other types of income require documentation.

Does the Co-Applicant's income meet the above requirements?

You may not meet this qualification

Habitat has minimum income qualifications to ensure that each person who purchases a home with us can afford the cost of their home without it exceeding more than 34% of their total income.

Make sure you included all forms of income, including SSI or SSDI, spousal support, and the income of all household members. Habitat uses gross income, or income before taxes, so be sure to adjust to include all income before taxes.

Passed Employment Screening?

Yes

Page 6

Is the applicant or co-applicant currently in an active bankruptcy or have discharged a bankruptcy in the past 2 years?

You may not meet this qualification

Habitat requires all homebuyers, including co-applicants, to be at least 2 years clear of any bankruptcy discharge.

Page 7

Are you willing to partner with Habitat?

Homebuyers will prepare for homeownership by completing program requirements that include homeownership education classes, community engagement events, and optional volunteer opportunities with Habitat. Are you willing to fulfill these requirements?

You may not meet this qualification

Habitat requires all homebuyers to participate in education and community engagement events with their future neighbors.

Page 8

Based on your answers, we encourage you to review the program requirements!

Based on your answers to this questionnaire, you may not qualify for Habitat's homeownership program.

We encourage you to review our program requirements, and email us at homeownership@habitatportlandregion.org if you have questions about these qualifications.

If you are looking for additional support to become mortgage-ready, such as credit counseling and information about programs for first-time homebuyers, we encourage you to reach out to our partners at Hacienda CDC, AAAH, NAYA, and PHC for assistance.

If you would still like to apply for the homeownership program, you can do so here.

Page 9

Based on your answers, you are invited to fill out a full application for Habitat's Homeownership Program!

Before you fill out the application, review the available properties here. You will be asked which property or properties you are applying for as part of the application. You cannot move your application to a different property after applying.

Fill out the application.

Passing this screening does not guarantee your application will be accepted. We get many more applications than we have homes available, and applications are put into a lottery and considered in the order they are drawn. Income, employment, and credit checks are part of the application process.