LEASE-TO-OWN EXPLAINER SECTION
Homes Across America Lease‑to‑Own
Affordable Modular Homes—Held in Nonprofit Trust
Viviscent Wellness Foundation delivers affordable, modular homes nationwide for veterans, underserved families, and those rebuilding after crisis. Homes remain nonprofit‑owned and permanently held in trust for stability.
Federal Program Compatibility & Compliance
Aligned Standards| Program | Summary |
|---|---|
| HUD Housing Quality Standards (HQS) | Ensures safety, durability, and habitability. |
| VA HUD‑VASH | Veterans can use vouchers for our lease‑to‑own pathway. |
| USDA Rural Housing | Modular units eligible for rural development placements and grants. |
| Fannie Mae MH Advantage® | May qualify under affordable financing, when applicable. |
| CRA Bank Partnerships | Supported by institutions with Community Reinvestment Act programs. |
Note: VWF homes are not financed directly by these agencies; construction and operations align with their requirements for voucher and grant use.
Program Structure & Pricing
Fixed & Transparent| Monthly Payment | $600–$1,250 (based on unit size & location) |
| Term | 30‑year lease‑to‑own, fixed payments, no credit required |
| Deposit | Standard $5,000; flexible/waived for veterans, voucher holders, and hardship cases |
| Maintenance Fee | Annual $1,200–$2,100; continues as lot rental if residency extends past 30 years |
| Home Type | Size (Sq. Ft.) | Starting Price | Final Sale Price (Est.) |
|---|---|---|---|
| Studio Casita | 320 | $53,360 | $62,000 |
| 1 Bedroom | 640 | $106,720 | $124,000 |
| 2 Bedroom | 720 | $120,060 | $140,000 |
| 3 Bedroom | 960 | $160,080 | $185,000 |
Note: Pricing is based on best estimates and may vary by region, materials, or builder. All homes delivered meet or exceed federal and local housing standards.
Trust‑Based Lease & Equity Model
Anti‑Speculation| No home sales | Properties remain in the Foundation’s nonprofit trust; residents do not receive title or deed. |
| Equity trust | Monthly payments contribute to a personal equity trust. Equity is paid out if a resident leaves the program. |
| No title transfer | Homes remain with the Foundation, protecting affordability and preventing speculation or displacement. |
Inheritance, Continuation & Payouts
Policy| Post‑30 years | Residents may stay in the home, paying only lot rental/maintenance fee, as long as they choose to remain. |
| Beneficiaries | Equity may be paid out to named, approved beneficiaries or transferred to a pre‑approved family member who qualifies (subject to VWF approval). |
| Eligibility | Only individuals listed in the final agreement and approved by VWF are eligible for payout or continued residency. |
Application Process & Timeline
Avg. 3–4 months| Step | Typical Duration |
|---|---|
| Submit application & documentation | 1–2 weeks |
| Program/site eligibility review (voucher review if applicable) | 2–4 weeks |
| Home & lot assignment, contract signing, coaching session | 1–2 weeks |
| Home delivery, setup, and move‑in | 60–90 days |
| Total average timeline | 3–4 months from application to move‑in |
Disclaimer
Important| This document is a public summary for informational purposes only and does not constitute a binding contract, offer of credit, or guarantee of housing. Terms, pricing, program details, and eligibility criteria are subject to change at any time based on applicable law, market conditions, and Foundation policy. Final agreements, legal documents, and requirements will be provided and reviewed during the intake and approval process. |
#applyStart Application No credit required • Veteran & voucher options available