What are the benefits of Habitat homeownership?

What are the benefits of Habitat homeownership?


During the loan underwriting stage, Habitat will re-assess your income, debts, and affordability. It is Habitat policy that the your starting house payment, including property taxes and homeowner’s insurance, cannot exceed 30% of your gross monthly income.


You receive one-on-one financial coaching to help you budget for your future home and to prepare you financially for homeownership. Other group classes will help you learn various aspects of home maintenance and preparation for homeownership. We want you to be a successful homeowner!


Throughout your partnership, you will work closely with our staff, as well as community volunteers. You will receive invaluable experience as you work the sweat equity hours on the construction sites. Your participation in the construction or rehabilitation of Habitat homes will equip you with skills that will help you maintain and repair your home in the future.

Post-Purchase Support

Habitat staff remains available to provide you with resources and assistance after you purchase your home. We are your lender, and we remain your primary contact for any questions or concerns related to your home loans.

A Trusted Partner

Habitat for Humanity of Greater Sioux Falls has been building or rehabilitating homes in our service area  for over 30 years. Since 1991 we have dedicated over 180 homes. This means hundreds of adults and children in our community have been impacted by the work of Habitat for Humanity. Our homes meet ENERGY STAR ratings, meaning that they are energy-efficient as well as affordable.

Questions & Answers

How Are Habitat Homes Made Affordable?

Habitat is the builder, the seller, and the lender for the real estate transaction. The homes are built or rehabilitated with a combination of skilled labor and volunteer labor, under the supervision of Habitat staff. All homes are sold for appraised value, but Habitat can adjust the loan types and/or the loan terms to achieve affordability for the buyer(s). 

What Are the Construction Locations, Choices and Options?

Habitat for Humanity of Greater Sioux Falls serves Minnehaha, Lincoln and Turner counties, but we can only build where we own land. Each construction season is unique, and there is no guarantee of a particular home location, type or style. Lot assignments are made solely by Habitat, based on secured funding and the available inventory. All homes sold by Habitat must meet construction standards set by Habitat International. In order to keep homes affordable to build and to purchase, construction options are limited. Habitat is not a custom builder and cannot build to the preferences of the applicant.