August 24, 2009 (El Cajon)-- Looking to buy? San Diego Habitat for Humanity (SDHFH) will be constructing four single-family homes at 801 Avocado Avenue in El Cajon, in partnership with the Jimmie Johnson Foundation and the El Cajon Redevelopment Agency. The El Cajon Redevelopment Agency will be providing the four qualified households a silent second mortgage of approximately $50,000 using criteria under the California Dream First-Time Homebuyer Program - Habitat for Humanity. Income, asset, credit, payment ratios, and payment limitations will apply.
San Diego Habitat is a non-profit organization whose goal is to eliminate substandard housing in San Diego County by providing low-income families with the opportunity to become homeowners. SDHFH builds new homes for qualified families. Families purchase the homes with a no-interest mortgage. Since 1987, SDHFH has built a total of 99 homes throughout San Diego County.
“San Diego Habitat’s success is due to its dedicated volunteers and hardworking families,” said Monica Zech, spokesperson for the City of El Cajon.”All selected families are required to complete “sweat equity” hours in order to move into their new home.” For more information on this opportunity to own your own home, call Shayna Hensley, Family Services Specialist, at (619) 283-4663, ext 314.