Becoming a Heritage Homeowner

Eligibility Guidelines 

Applications for homeownership of "Cleaves Cove" in Heritage Woods are being accepted immediately! Review and acceptance of applications will be completed as they are received.

Applications for the wait (backup) list in future neighborhoods are currently being accepted.

  • For KHHT Homes, household income limits will apply. The limits will vary depending on how many people live in your household.

  • Applicants are not required to qualify as a first-time home buyer during this round of applications.

  • Applicants should review the KHHT Land Lease and Covenant Summary and will be required to sign the lease, upon selection.​ Complete copies of the lease can be found HERE.

  • Applicants must have an acceptable credit history with a minimum (FICO) credit score of 640.  You can request a free copy of your credit report from each of the three major credit reporting agencies – Equifax®, Experian®, and TransUnion® – once each year at or call toll-free 1-877-322-8228.

  • Applicants should consider their ability to purchase a KHHT home, using the KHHT Affordability Worksheet.

  • Down-payment: Down-payment requirements will vary based on financing available- between 1% ($2,200) and 5%  ($11,000) for the single story home and between 3% ($8,925) and 5% ($14,875) for the two story home.


The Process: What to Expect

Step 1. Review the Kennebunkport Heritage Housing Trust (KHHT) Eligibility Requirements and Land Lease & Protective Covenants Summary. 

Step 2. Obtain a mortgage pre-approval letter through Bangor Savings Bank. To complete this 2-3 day process, please contact Eric Nixon at Bangor Savings Bank- Office Phone: 207.420.3918, Cell/Text: 207.251.1695 or via email:

Note: KHHT is not a mortgage lender, broker or attorney and cannot offer legal advice as to the likelihood of being approved for a mortgage.

Step 3. Complete the KHHT Application (This can be done while completing Step 2)

Step 4. Submit your completed application, including a copy of your mortgage pre-approval letter and your signed KHHT Lease & Protective Covenants Summary either:

  • By online submission: Via our website at under “Submit My Application”

  • By mail to: Kennebunkport Heritage Housing Trust P.O. Box 333 Kennebunkport Maine 04046 Attn: Administrative Committee


PLEASE NOTE: Applications for homeownership in Heritage Woods will be reviewed and accepted on first come, first serve basis.

Step 5Upon receipt, applicants will receive an email invitation to complete the online background check process via SmartMove ($40.00/adult), which must be completed within 48 hours of receipt.

Pre-qualification factors that the KHHT will consider include:

  • ​Household income within income guidelines;

  • Mortgage Pre-qualification letter;

  • Criminal History;

  • Local preference; (*see below for additional information) 

  • Available housing stock;

  • Household composition;

  • Application received by the deadline.

*Local Preference- In our commitment to sustaining the past and future heritage of Kennebunkport, applicants will be offered an opportunity to identify any "local preference" on their application. This information will be considered along side the additional 6 (six) pre-qualification factors identified above in Step 5. Local preference is identified as:

  • Applicants who currently live ​or​ have lived in the Town of Kennebunkport;

  • Applicants who work in Kennebunkport ​or​ for the Town of Kennebunkport;

  • Applicants with elementary school aged child(ren) who currently attend or who will be eligible to attend Kennebunkport Consolidated School;

  • Applicants who currently volunteer or have volunteered for the Town of Kennebunkport or other local organization;

  • Applicants who would be willing to volunteer for the Town of Kennebunkport or other local organization.

Applications for the wait (backup) list are currently being accepted. Review and acceptance of applications will be completed on a rolling basis.

For more information about eligibility and process, please contact us at or click HERE to reach us through our contact form.