Habitat for Humanity believes that homeownership for low-income families is worth defending. Habitat homeowners make financial investments in their homes, which they also help build. This pride in homeownership makes people walk a little taller, as some have said, and provides a sense of personal empowerment. Often improvements in one or two homes lead to positive changes for an entire area.
Over the years, countless homeowners have returned to school or begun new training to improve their earning capacity, and statistics show that children of homeowners do better in school. We also find that children who live in a stable home are healthier, and that homeowners are more likely to volunteer in civic and political activities. Through paying taxes and making purchases, homeowners also contribute financially to their communities. Habitat for Humanity’s “hand up” model of investing in homeowners has proved successful all over the world as we approach two million people who have a new or improved home through working with Habitat.
Families making 30 percent to 60 percent of the average median income level in their area can and do become successful homeowners when provided with a threshold level of support. The benefits of expanding homeownership among this income group merit sustained and renewed policy attention.
The full 2011 Shelter Report, including an executive summary and policy recommendations, may be DOWNLOADED here or directly from Habitat for Humanity International.
Shelter Report 2011 published by and provided courtesy of Habitat for Humanity International