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  • Homeownership Benefits

HOMEOWNERSHIP IMPACT

"This house and neighborhood will be our home, a place where my family can grow.
We're looking forward to a safe and happy life in this home."
HABITAT HOMEOWNER

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Need for Affordable Housing

Our hearts break at the thought of a family having to choose between paying rent or buying food. Consider this:

  • 58% of four-person families making $31,250 or less cannot find affordable housing
  • Nearly 900 four-person families in Grand Rapids live with another family to make ends meet
  • 35% of Grand Rapids children live in poverty; of those, 79% live in substandard housing

There’s a huge need for affordable housing, and we’re working hard to make that happen. Why? Because we realize the benefits homeownership has on children, families and communities.

 

How Habitat Homeownership Makes A Difference

A Davenport University study shows more ways homeownership is making a difference in the lives of Habitat families:

  • 68% of families report an increase in their income
  • 25% of families report better grades in school for their children
  • 23% of families report less sickness
  • 58% of families report less family conflict
  • 40% of families report obtaining additional education

 

Homeownership Builds Stronger Families

Children of homeowners:

  • Are 25% more likely to graduate from high school
  • Are 116% more likely to graduate from college
  • Are 20% less likely to become teenage mothers
  • Are 59% more likely to own a home within 10 years of moving from parent’s household
  • Save taxpayers an estimated $34,000 in public expenditures

Homeowners:

  • Are 10% more likely to attend church
  • Are 16% more likely to join parent-teacher organizations, block clubs, etc.
  • Read newspapers 1.3 times more often
  • Are less likely to have alcohol and substance-abuse problems


 

HABITAT FOR HUMANITY OF KENT COUNTY

CONTACT US
616-774-2431
425 Pleasant Street SW
Grand Rapids, MI 49503

Kids

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