Affordable Housing In Our Community
- Connect with like-minded individuals
- Learn about affordable housing in our community
- Learn more about the work of Habitat and our role in the local economy
- Discover how you can help deserving families secure decent and affordable housing
Event details:
Thursday, April 25th from 8-9:30am.
Breakfast starts at 8am.
At the Country Inn and Suites, 1900 Premier Drive, Mankato
RSVP by April 11th to juliann.wiersma@habitatscmn.org or HERE
Homeownership positively impacts communities through
- Use of every type of government assistance declines by at least 15%
- In MN, Habitat homeowners could be using between 6.4 and 9.3 million less in government assistance annually
- $1.64 dollars injected into the economy for every dollar invested by Habitat
- 80% of homeowners feel more connected to their community
- Homeowners are 28% more likely to vote in local elections than renters.
- 70% of Habitat homeowners spend more time with family after moving into Habitat home.
- Homeowners are 28% more likely to repair ad improve their homes.
- Homeowners are 26% more likely to be involved in PTA.
- 80% of homeowners feel more connected to their community
- Homeowners are 28% more likely to vote in local elections than renters.
- 70% of Habitat homeowners spend more time with family after moving into Habitat home.
- Homeowners are 28% more likely to repair ad improve their homes.
- Homeowners are 26% more likely to be involved in PTA.
- Over half of Habitat homeowners said they have more money since moving.
- 40% said they pay less in housing costs.
- For low-income families, home equity consists of 81% of their net worth.
- US homeowners have an average net wealth of 400% higher than renters with similar demographics and earnings.
- Homeownership increases intergenerational wealth.
- Homeowners who make less than 50k a year, on average, spend 10% less on housing than a renter.
- Of Habitat homeonwers with a family member with respiratory illness, 57% said they improved after moving into a Habitat home.
- A decrease in housing costs releases funds to spend on medicine and nutrition.
- Homeowners are 2.3% more likely to have good health.
- Of Habitat homeonwers with a family member with respiratory illness, 57% said they improved after moving into a Habitat home.
- A decrease in housing costs releases funds to spend on medicine and nutrition.
- Homeowners are 2.3% more likely to have good health.