Children and Youth (infants - 19 years)
Crime/ Abuse Victims
Ethnic/Racial Minorities - General
Loveland Habitat's (LHFH) core program provides affordable homeownership for low income families. Families who are selected for Homeownership enter into a unique partnership. They purchase their home from LHFH with an affordable mortgage provided by and with no profit to LHFH. The mortgage payments are established at 28% of the family's monthly income and are made up of principal and escrow for insurance and taxes. Each partner family provides a minimum of 250 hours of "sweat equity" for single adult households and 500 hours for two adult households. This is a commitment above and beyond the home purchase, and includes 100 hours of work on HFH homes (including their own), 30 hours of homeowner education classes (see below) and 120 hours working at the thrift store, on construction sites or taking additional classes. To date, LHFH has provided affordable housing to over 400 residents in Loveland.
Homeowner Education Program
Although stable housing provides the basis for stable families, other tools are required to support a family on its journey toward self sufficiency. In recognition of this need, the LHFH Family Support Committee developed the Homeowner Education program in 2007. LHFH now collaborates with a number of other self-sufficiency oriented non-profit agencies in our community to offer this education program, which has helped to decrease duplication and maximize financial and community resources. Since introducing the program, over 60 LHFH homeowners have successfully completed the Homeowner Education Program. The education program includes the following components:
• Financial Peace University
• So, you want to be a homeowner?
• Energy Smart Living
• Home Maintenance
• Parenting with Love and Logic
• Eating Healthy, Being Active
• Insurance Basics
• Wills Workshop
The ReStore is LHFH's retail store, which sells new and gently used items to the public at substantial discounts. The ReStore employs ten full time staff and provides meaningful employment and volunteer opportunities for groups with special needs or disabilities.
Successful home ownership supports stronger, healthier communities. Based on studies performed by Habitat for Humanity International, we know that affordable homeownership is a leading indicator of success.
1. Better Health- 74% of Habitat families' overall health improved since moving from rental into owned home (2011, Southern Indiana University)
2. Improved Graduation Rates- 19% higher vs children in rental homes and twice as likely to go to college (2003, Federal Reserve Bank of N.Y.)
3. Stronger Safety & Security- 83% of parents consider children safer after moving into their Habitat home (2015, Wilder Research, Minnesota)
4. A Pathway out of Poverty- 53% of Habitat homeowners' see increase in disposable income and decline in government assistance (2015, Wilder Research, Minnesota)
New home owners will self-report, through surveys, that they are experiencing a better quality of life, more stability in their work life, and they have more discretionary income enabling better health and food choices for the family.*
This stability and consistency often translates into better school attendance and performances; access to better meals and health care; less psychological trauma due to being constantly uprooted; and breaking the cycle of poverty now and in future generations. Statistical findings indicate that children living in Habitat homes have higher education aspirations and are twice as likely to attend college as their peers.*
*Habitat for Humanity: An Evaluation of participant's Feelings about Home Ownership, Kyra Steward, Department of Sociology and Anthropology, Illinois Wesleyan University.