Skip to main content

Programs

Microfinance Program

What Projects Qualify

  • Small home improvement and repairs
  • Appliance repairs and purchases
  • Major vehicle repair or purchase*
  • Medical equipment*
  • Home accessibility projects and purchases*

​​​​​​​*Loans must relate to housing sustainability

How Habitat can help

If you meet the Microfinance Program requirements, Habitat can provide an affordable loan up to $2,000. Funds may be used to address “quality of life” issues for Southeast Ohio residents in order to maintain and sustain their current housing.

Your Responsibility

You are responsible for selecting the building materials or appliance and/or contractor, electrician, plumber, and HVAC repair people to complete your project as well as seeking prices/quotes from those reputable vendors, contractors, electricians, plumbers, and HVAC repair people.

Requirements

Have your lived in one of the following counties for at least one year?

  • Athens
  • Fairfield
  • Hocking
  • Meigs
  • Morgan
  • Muskingum
  • Noble
  • Perry

Current Habitat Homeowners in the above counties are eligible as long as you have been in your house for one year or more.

Funds may also be used for projects completed by other nonprofits, such as GoodWorks or churches.

Microfinance Programs is not an emergency loan nor is it for rent, mortgage payments, utilities payments, or payday advances.

Do you have the ability to pay?

Are you able to:

  • Pay a $15 application fee
  • Make the first payment prior to funds being released
  • Repay the loan within 12 months
  • Is your income (before taxes) between 20 and 80 percent of the area median income     

Income Guidelines (Before Taxes)                                                    Income Guidelines (Before Taxes)

Fairfield County:                                                                                   All other Counties:

Family Size          Yearly Gross Income                                               Family Size          Yearly Gross Income

One (1)           $11,800 – $47,200                                                         One (1)           $9,120 – $36,480

Two (2)           $13,480 – $53,920                                                         Two (2)           $10,420 – $41,680           

Three (3)         $15,160 – $60,460                                                        Three (3)         $11,720 – $46,880              

Four (4)           $16,840 – $67,360                                                         Four (4)           $13,020 – $52,080    

Five (5)          $18,200 – $72,800                                                           Five (5)          $14,080 – $56,320

Six (6)             $19,540 – $78,1600                                                        Six (6)             $15,120 – $60,480

You must not have:

  • Any outstanding judgments or bankruptcies in process or
  • A total monthly dept that exceeds 43 percent of your total monthly income.
  • Habitat will check your credit history and run a criminal background check.

If you request a loan for your home does your property fit the below criteria?

  • Do you own the property (or have a legal land contract) and home?
  • Are you current on your property taxes?
  • If you have a mortgage, are you current on your monthly payments?
  • If you own a mobile home, projects will be approved at the discretion of Habitat.

How to apply

Request that an application is mailed to you by completing the form below or calling (740) 592-0032 ext. 109

  • Merrill Lynch
    Merrill Lynch
  • FHLB Cinc
    FHLB Cinc
  • Home National Bank
    Home National Bank
  • Mid-East Career
    Mid-East Career
  • OUCU
    OUCU
  • Rocky
    Rocky
  • The Community Bank
    The Community Bank
  • The Farmers Bank
    The Farmers Bank
  • Thrivent Financial
    Thrivent Financial
  • United Way
    United Way