Posted: 2009-03-24 09:45:33
North St. Louis County Habitat for Humanity feels blessed to be part of an amazing network of Habitat affiliates within Habitat International. With the recognition of this wonderful brand name, however, sometimes come a set of false assumptions. Habitat hopes to counter these false ideas in a series of "Myths and Truths" published each Tuesday.
MYTH: Habitat for Humanity gives houses to poor people.
TRUTH: Houses are not given to anyone. Habitat for Humanity builds houses with people in need and then sells the houses to homeowner partners through no-profit loans. Because houses are built principally by volunteers, mortgage payments can be kept reasonable to those unable to obtain conventional financing. Habitat homeowners typically have incomes that are 30 to 50 per cent of the median income in the area. They are required to invest hundreds of hours in “sweat equity” – that is, time spent building their own home or other Habitat homes.