Creating opportunities for home ownership is the core of what Habitat does.
Habitat volunteers work side by side with future Habitat homeowners, known as Partner Families. Partner Families invest hundreds of hours of their own labor – “sweat equity” – into building their homes and those of their neighbors.
Habitat sells homes to Partner Families at no profit with a zero interest loan. Because there are minimal labor costs, no profits for the builders and no interest, many Partner Families pay less per month for their Habitat home than they paid in rent for a substandard dwelling.
Increasing home ownership brings many benefits, not only to the new homeowners, but also to the neighborhood and the community at large. Some of these include better educational outcomes, increased property values, and neighborhood and community stability.