A Home For Everyone- Habitat For Humanity


Habitat,(short for Habitat for Humanity) is a nonprofit Christian organization. Habitat is devoted to solving the issue of poverty by providing affordable and decent home to low-income families. Future and current home-owners and Volunteers participate in habitat housing by actually helping build the homes. Habitat sells Houses at the breakeven point, and owners do not have to pay any interest. 

This Organization aims to bring poverty-stricken families and communities together. 

It does this with the help of resources and volunteers to eliminate subpar living conditions in low-income areas.

A Home For Everyone- Habitat For Humanity
A Home For Everyone- Habitat For Humanity

History

Millard Fuller and his wife, Linda laid the foundations of Habitat in 1973. Habitat housing has spread to various parts of the world since then. In Americus, Georgia is the international operational headquarters while situated in Atlanta, the United States, are the administrative offices. 

At the age of twenty-nine, Millard Fuller was a millionaire. However, despite that, he began to lose his marriage, integrity, and health. This downfall caused him to re-evaluate his life and make necessary changes. After his reassessment of life, Fuller decided to spend the rest of his life serving God. Millard and wife sold their possessions and gave away the money to find a new purpose for living. They found their purpose soon enough when they met the owner of Koinonia farm, Clarence Jordan.

The Birth Of Habitat

Along with several other projects, the Fullers, along with Clarence initiated a housing division. Their method of building houses was cost-effective as the would-be owners of the homes were to help in the building process. This method made habitat housing grow in popularity by leaps and bounds. Since 1976, Habitat has constructed houses for about 1,25,000 families in eighty-two countries across the world.

A Home For Everyone- Habitat For Humanity
A Home For Everyone- Habitat For Humanity

How To Be A Habitat Homeowner

Habitat performs a thorough background check on potential homeowners before they become a part of habitat housing. The background checks include character references, interviews with employers, and audit of finances. Habitat makes the applicants sign release forms which authorize the organization to perform this background check. This ensures that the applicant family is financially suitable to take on the responsibility of a mortgage.

Sweat Equity

Sweat equity is an innovative concept. Owners of Habitat homes are to put approximately 500 hours of “sweat equity” into their own or other habitat housing projects. Although, these hours can vary by location and health of the owners. Sweat equity implies working on a Habitat housing project as payment for ownership. This sweat equity is considered a down payment on the housing project. An official Habitat for Humanity representative approves and signs off every hour spent earning this sweat equity. Sweat equity has no actual monetary value and hence, is not refunded.

The homeowner can purchase the home once construction is finally over and the homeowner has exercised his share of sweat equity. Payments of the mortgage(including taxes and insurance) are monthly and amount to 30% of the monthly income of the household.

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