Habitat 4 annual report

uilding EMPOWERMENT

uilding FINANCIAL LITERACY

A hand up, not a handout. Habitat for Humanity does not give homes away. Homebuyers pay Habitat a low or no interest mortgage that does not exceed 30% of their income. Through the approval process, Habitat homebuyers demonstrate a need for safe, affordable housing, have the ability to pay a mortgage and contribute sweat equity to build their home and the homes

Habitat for Humanity is breaking the cycle of poverty by preparing families for homeownership through a series of required classes that cover homeownership: finance and savings, predatory lending and banking, budgeting and investing, debt and loans, insurance, warranty and construction maintenance, writing a will, and the entire mortgage process. Acquiring an in-depth understanding of these concepts helps partner families develop the skills and tools they need to build and maintain a solid future. B uilding

I will own something, and that is pride, strength and independence. “

of others. This process helps to eliminate the crippling burden of excessive housing costs and enables the families we serve to enjoy healthier and more financially stable lives.

“ —Habitat homeowner

INDEPENDENCE THROUGH ACCESSIBILITY

Habitat for Humanity provides homes that meet each family’s individual needs by building and renovating functional homes to accommodate children and adults living with special needs, making independent living a reality.