• ORGANIZATION PROFILE
  • Fox Valley Habitat for Humanity Fox Valley Habitat for Humanity

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(41.73038,-88.33444)
 

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Mission Statement

To impact working families and neighborhoods through affordable home ownership.

Description

Fox Valley Habitat for Humanity (FVHH) is growing significantly for the past 3 years. Habitat for Humanity is unique in what we do to provide affordable housing to transform lives to help families become self-sufficient. Here are some thought-provoking facts about us:

  • Our Habitat families must be working because they get a mortgage.
  • Our families earn 30%-60% of the average median income. ($22,000-$45,000)
  • We are the builder and the mortgage company. Our interest rate is always 0%.
  • We have only had one foreclosure in our history despite the fact that our Habitat families cannot qualify for a bank loan because their income is too low.
  • Every family must participate in our 28 hour financial literacy training course.
  • Every family must work 350-500 of sweat equity with FVHH before moving into their home. Also, 200 of those hours must be on other FVHH homes.
  • The total house payment including taxes and insurance is lower than comparable rent.
  • By working with a Federal HUD program FVHH is able to acquire $8,000 in down payment for each family.
  • FVHH uses a model that has been used successfully 750,000 times around the world.
  • FVHH has a positive impact on our community by paying $3 million dollars in property taxes and $5 million dollars in building costs.
  • We create a culture for people to benefit each other. Volunteerism is good for everyone.
  • We transform lives. A University of Southern Indiana study shows measurable proof that Habitat for Humanity has an enormous positive impact in many areas for each family.

Website

http://foxvalleyhabitat.org

Contact

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