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Progressive Home Ownership – Rotorua

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15 Jul 2024
Bellingham 16 9 ratio

Do you dream of owning your own home?

Habitat is building 10 rent-to-own Progressive Home Ownership homes in Rotorua, to be ready in late 2024 and 2025. 

We’re interested in hearing from working families suitable for three and four bedroom homes.

How Progressive Home Ownership works

Progressive Home Ownership is a hand up, not a hand out. As well as a clear housing need, applicants need to show a willingness to partner with Habitat and have the potential to successfully shift to home ownership.

1. Families apply, are interviewed, and agree to partner with Habitat for Humanity.

2. Homes are built, and selected families move in. The home’s eventual purchase price is agreed.

3. Affordable rent is paid over the first five years. Rent, less Habitat’s costs, begin to build up a deposit.

4. Habitat continues to support families through life’s ups and downs.

5. After five years, families can purchase the home from Habitat, using their rent and value equity.

Eligibility criteria

  • First home buyers
  • Families suitable for three or four bedroom homes
  • Minimum household income of $85,000 per year
  • Willingness to partner with Habitat to achieve your home ownership goals

To begin the application process, please fill out our expression of interest form below.

What’s it like to receive the keys to your new home with Habitat?

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