Dallas Habitat For Humanity
Rating: 5 stars 3 reviews
Issues: Homeless & Housing, Religion
Location: 2800 N Hampton Rd Dallas TX 75212 USA
Results: -25 Years since incorporation -One of the top 3 affiliates in US -Top Single Family Home Builder in Dallas -Over 800 families - $2 million in taxes paid each year by Dallas Habitat homeowners -Tithed over $800k helping over 229 families around the world
Target demographics: low-income, children, family, single mothers
Programs: Homeownership Program: Habitat does not build homes for families in need, but rather with families as equal partners. Habitat is the only nonprofit housing organization in Dallas that offers the opportunity for very low-income families to provide 400 hours of "sweat equity" in lieu of a down payment and take on a 30-year, 0% interest mortgage. Family sweat equity requirements are fulfilled by building their own home and the homes of other Habitat families, creating new skills, a sense of tremendous accomplishment and strong relationships with their neighbors. Each mortgage payment goes into a revolving "Fund for Humanity" to finance future Habitat homes. Pre-Purchase Homebuyer Education: Prior to purchasing their homes, qualified families are required to attend classes covering topics such as budgeting, home maintenance, home insurance, and the legalities of homeownership. Post-Purchase Homebuyer Education: Once the partner family has moved into their home and signed the closing documents, Dallas Area Habitat requires participation in the post-purchase phase of the Homebuyer Education Program within 30 days of move-in and up to 18 months to discuss financial challenges and opportunities, home maintenance, and warranty needs.
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