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Programs
Housing Programs
THD works to provide housing programs in Fayette County, PA, and beyond to families with low to moderate incomes.
New Construction
Through partnerships with local banks, redevelopment authorities, and municipalities, THD builds and sells new homes to people of varying incomes. A certain portion of its new homes are sold to lower-income families at or below 80% of Area Median Income (AMI). As an example for a family of one to four, the household’s income cannot exceed $75,850 in a calendar year. The remaining homes are sold at market rate to families of any income.
Through this component, THD has constructed some of its homes in subdivisions it has developed, leading to the formation of vibrant communities.
Through this component, THD has constructed some of its homes in subdivisions it has developed, leading to the formation of vibrant communities.
Rehabilitation for Resale
THD purchases and rehabilitates homes that are sold to families at or below 80% of the AMI. Participating families must have 3% of the total purchase price at closing and must secure a mortgage loan for 80% of the cost of the home. The other 17% of the purchase price and all of the closing costs are provided to the family through a five-year forgivable second mortgage.
This project is made possible through a partnership with the Redevelopment Authority of the County of Washington.
This project is made possible through a partnership with the Redevelopment Authority of the County of Washington.
The Self-Help Housing Program
Save by building or repairing a home of your own. The Self-Help Housing Program provides homeownership opportunities for those who qualify (new construction or purchase repair). No experience is required.
USDA Rural Development Self-Help Programs
The USDA New Home Construction Program helps families build their own homes. This program is available to families who are below 80% of AMI. Families are grouped with other families in a development and work together on each other’s homes to perform 65% of the construction labor with the help of THD’s experienced construction supervisor.
The USDA Purchase Repair Program helps families to purchase an existing home and make all necessary repairs to be code compliant and livable. In this program, the family members work only on their house.
Mortgage loans are provided by the USDA Rural Development Loan Program and have interest loans as low as 1% with a loan term lasting as long as 38 years; eligible families can even borrow the closing costs if needed.
The USDA Purchase Repair Program helps families to purchase an existing home and make all necessary repairs to be code compliant and livable. In this program, the family members work only on their house.
Mortgage loans are provided by the USDA Rural Development Loan Program and have interest loans as low as 1% with a loan term lasting as long as 38 years; eligible families can even borrow the closing costs if needed.
About Our Programs:
- New Construction: Participants work in a group setting with other households under the guidance of qualified construction supervisors who will teach participants how to build their homes. 30 hours of labor are required each week on all the houses in a group. No one moves in until they are all complete.
- Purchase/Repair: Participants obtain a mortgage that will be used to buy a house and the supplies they'll need to renovate it. THD will send a qualified construction supervisor to train the homeowner in the skills needed to perform the work and to provide ongoing support and guidance. The participant puts in at least 120 hours to rehab the house.
- Mortgage Loans: Mortgage loans are provided by the USDA Rural Development Loan program. The loan features very low interest rates (as low as 1%) with a loan term of 33 or 38 years. Eligible families can even borrow the closing costs if needed.
Contact us to find out more about any of these programs.