Mission Statement for Seniors at Home
The mission of New Hope Construction’s Seniors at Home program is to express the love of Jesus by providing newly constructed, low cost, decent housing for very low income seniors living in inadequate conditions.
Seniors at Home
Volunteers from the community assist in all aspects of the project, including family selection and support, and construction. NHC provides program guidance and financing. NHC has certified trainers who provide homeowners education, which includes mortgage financing, household budgeting, credit worthiness, and home maintenance. The pre-framed house package is shipped to the site from NHC where it is built by the construction crew.
Upon completion of the house, it will be sold to the senior(s) at no-profit. Then, NHC will provide the senior up to a 30 year, zero percent interest mortgage. The principal from these mortgage payments is used to support the building of more homes. The term of the mortgage will be set so that the mortgage payment, principal, insurance, and taxes will not exceed 27% of their gross household income.