The Power of Home
Stable Home. Brighter Future.
1 in 5 children are currently living
in poverty in Metro Louisville.
That equates to over 38,000 children – enough to fill nearly two KFC Yum! Centers. Many of these children will switch schools 3 or 4 times throughout a school year due to housing instability. Their parents must make the difficult decision each month between paying rent or buying groceries. Too many Louisville families are struggling to keep an affordable roof over their heads.
Affordable homeownership impacts outcomes on education, income, health and community involvement.
A safe, stable home means hope.
A safe, stable home allows children to be involved in extracurriculars and more focused on their school work.
Children are 116% more likely to graduate from college when they have grown up in a stable home.
Affordable homeownership provides the opportunity for families to build asset security and generational wealth.
2020 fair market rent for a 3-bedroom Louisville apartment, on average, is $1,075/month. A Habitat homeowner will spend between $600 – $700/month to BUY and OWN their home.
A healthy home reduces health problems associated with poor-quality housing such as asthma and allergies.
The additional income frees up family resources for nutritious food and health care expenditures.
Homeownership yields healthier, better-educated citizens who are much more likely to get involved in helping their communities grow and thrive.
Habitat homeowners have paid over $3.7 million in property taxes.
How can we build a city where everyone has a decent place to call home?
Since 1985, Habitat Louisville has been bringing the community together to build or rehab homes for families in need. Our homeownership program is truly a hand up, not a hand out, and plays a critical role in bringing our neighbors, our neighborhoods, and our community, together to build a stronger Louisville. Through partnering with Habitat, homebuyers complete an intensive homebuyer education program and work alongside community volunteers to build their own home.
Yes, we build houses, but more importantly, we provide opportunities and the encouragement to make real change. Remember, change happens one person at a time, one home at a time, one neighborhood at a time, and being part of that change is what Habitat is all about.
Homeownership is changing the lives of Tyree, April, Takeisha and Ellen.
- Community Involvement