In a move that underscores the push for more affordable housing solutions in the Sacramento region, Habitat for Humanity of Greater Sacramento is now fielding applications for ten new homes in Folsom's Historic District. The development, announced via social media by the City of Folsom and reported by ABC10, consists of a mixture of single-family homes offering four bedrooms, two bathrooms, and two stories, as well as smaller cottages providing two bedrooms and a single bathroom.
The properties, located on the 300 block of Persifer Street, feature one-car garages and a parking space, respectively, as detailed by ABC10. The housing nonprofit also highlights the inclusion of drought-tolerant landscaping, energy-efficient design, and rooftop solar installations as measures intended to trim utility costs for residents. Ground will soon be broken on the northeast corner of Coloma and Persifer streets for the project, which aims to provide ownership opportunities for low-income households.
According to an orientation session led by Patricia Foley, director of homeowner services at Habitat for Humanity, the pricing of the homes is based on independent third-party appraisals. Nonetheless, monthly mortgage payments are capped at a maximum of 30% of an applicant's gross monthly income at purchase, inclusive of property tax and insurance. This financial approach helps ensure the affordability of these homes for qualified buyers.
Habitat for Humanity specifies that its selection criteria consider an applicant's need for better shelter, capability to afford the mortgage, and willingness to partner with the organization. Particularly, the homes are aimed at individuals living in substandard conditions, whether due to overcrowding, safety concerns, or financial strain. ABC10 further noted that individuals with a record of financial stability of at least five years post-bankruptcy—a necessity for ownership—can be excused from certain debts like medical collections or student loans, but on a case-by-case basis.
Interested parties willing to contribute sweat equity and advocate for Habitat for Humanity's cause may find themselves ideal candidates. An expected 500 hours of work on construction or community projects is part of the commitment, besides undergoing a background check. ABC10's coverage mentions that minor offenses won't disqualify applicants, though fraud and certain convictions may lead to deselection.
For those seeking additional information or wishing to apply for the Folsom housing project, resources are available at Habitat for Humanity of Greater Sacramento's website. Applications can be submitted through the link provided by the City of Folsom's official announcement, and queries can be directed to [email protected] or by calling 916-440-1215, ext. 1118.
