HFHC is a 501(c)(3) non-profit corporation whose purpose is to assist Colorado Habitat for Humanity affiliates in increasing production of affordable housing. To accomplish this, HFHC:
Develops sources of funds, in-kind donations, services and other resources, and distributes these equitably to affiliates;
Develops, promotes, and coordinates statewide activities to increase public awareness of Habitat's work in Colorado; and,
Facilitates networking and sharing of expertise, information, technical assistance, and other resources with and among Colorado affiliates.
Established in 1992, HFHC serves as a support organization for 29 Habitat affiliates across the state in their efforts to build safe, decent, affordable homes and to create the climate for them to achieve success. The first Colorado Habitat affiliate was established in 1978; now 25 affiliates have built more than 2,000 homes. Today over five thousand Coloradans have a safe decent place to call home. HFHC has raised over $30 million in matching funds for local affiliates and has increased our annual budget from around $500 thousand to $7 million, with less than four percent of that amount going toward administrative expenses.
Over 96% of Habitat for Humanity of Colorado's (HFHC) budget goes directly to affiliates through grants, training and advocacy.
HFH of Colorado's Top Five Needs are:
Banking/ Financing Partnerships
The Habitat for Humanity of Colorado volunteer board and staff have been hard at work to bring the opportunity for affordable homeownership to all Coloradoans. In addition to serving over 130 families across the state, we are wrapping up an ambitious building program in partnership with communities affected by the devastating floods of September 2013, and have expanded our efforts to build the capacity or rural affiliates so they can provide permanent, decent, and affordable housing solutions for more working families. We continue to maintain foreclosure rates less than 2% due to rigorous homeowner training and the sweat equity model.
Even as the need for affordable homeownership skyrockets unchecked across Colorado, we struggle to maintain services as giving is down across the sector. In the pursuit of sustainability and maintenance of critical affiliate services, the HFHC board of directors, supported by our capable and committed staff, has approved a strategic plan to bring the organization to a new level of financial stability through earned income, new revenue streams, and more sophisticated and sustainable fund development. From this platform of sustainability we intend to expand services to more affiliates throughout the region with programs designed to assist them in serving more families in your community. I am confident that this three year plan will change the organization and with it the outlook for affordable homeownership across the state, and we appreciate your partnership in these efforts.
Stefka C. Fanchi, Executive Director
Tim Trowbridge, Board President
It hasn't sunk in yet that this home belongs to me and my son. I'm overwhelmed by the outpouring of community support, and the miracles that come true when communities come together"
- Habitat for Humanity Homeowner
"It's not just a home. It's my family's future...it's my kid's future." -Habitat for Humanity Homeowner