What
does a Habitat house cost?
Here
in Franklin County our houses average between $40,000 and $43,000. In developing
countries they may be as low as $1,800, while in some areas of the United States
the cost may run as high as $80,000 to $100,000 due to the high cost of land,
fees, taxes, and building materials.
Habitat houses are affordable for low-income families because there is no profit
included in the sale price and no interest charged on the mortgage. Mortgage
length varies from seven to 30 years.
How
are donations distributed and used?
Your donations are all used
to buy land and build houses. The expense of running our organization is very
low. We send 10% of the undesignated cash donations as our tithe to Habitat
International. So, when you donate to the local organization you are helping
Habitat International build houses around the world. (Donations for a specific
item or house are not part of this tithe.) .