Community Need for Affordable Housing
In 2006, the median price for a home in the Twin Cities was $242,000. The annual household income needed to afford that house is $82,901.
For every family that Twin Cities Habitat for Humanity serves through our Homebuyer program, we must turn ten eligible families away.
On average each year:
900 families attend eligibility/orientation sessions.
660 eligible families complete applications for Habitat homes.
50 applicants with the highest need are selected to buy a Habitat home.
The Families
Approximately 50 families move into Habitat homes each year.
As of January 2008, 687 families have purchased Habitat for Humanity homes in the Twin Cities.
We sell to families that make less than 50 percent of the area median income.
The average Habitat family income is $28,500.
On average, a Habitat family has 6 members in the household.
The Homes
Habitat homes include single-family homes, twin homes, and multiple-unit homes.
The average cost to build a Twin Cities Habitat home is $182,100.
The typical Habitat home is 1,400 square feet with three bedrooms.
Faced with rising land and construction costs, Twin Cities Habitat for Humanity is changing its building model. Just four years ago, 65 percent of TCHFH homes were single-family. Today, nearly 65 percent of our homes are multi-unit.
Support for Habitat
Volunteerism
Twin Cities Habitat for Humanity engages over 20,000 volunteers a year.
On any given day during our peak construction period, over 270 volunteers are working on up to 20 homes.
Volunteer groups who are interested in building a home are asked to assist in providing the resources essential to constructing the homes.
Donor support each year
Over 11,000 individuals donate to TCHFH
Nearly 300 corporations support TCHFH
Over 300 faith-based groups support TCHFH
Approximately 2,500 In-Kind donations
Homeownership Preservation
Twin Cities Habitat for Humanity is committed to producing, preserving and maintaining affordable homeownership in the Twin Cities. In addition to offering affordable homebuyer opportunities, Twin Cities Habitat offers two programs that help families keep their homes.
The Mortgage Foreclosure Prevention Program offers assistance to residents of the City of Minneapolis, as well as all TCHFH homeowners, regardless of where they reside in the metro. The program provides intensive in-person counseling, phone counseling and referrals, negotiations with lenders, and financial assistance.
TCHFH’s Mortgage Foreclosure Prevention Program serves 150 applicants/families each year, and provides phone counseling to 500 individuals.
The foreclosure rate among Habitat homeowners is less than 2 percent.
A Brush With Kindness is a neighborhood outreach program offering painting, landscaping and minor repairs to homes for qualifying low-income homeowners. Priority is given low-income elderly, disabled, or single-parent homeowners.
Each year, A Brush With Kindness serves an average of 70 families and engages over 2,000 volunteers.
Wednesday, April 2, 2008
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