You Can Change the Lives of 200 Families

Understanding The Advantages

Habitat for Humanity has long understood the advantages of building equity through homeownership, and over the last 33 years, 362 families have achieved this dream through affordable homeownership and home preservation with our local organization. By offering the opportunity to buy a home with a mortgage designed to cost no more than 30% of a family’s total income, SGV Habitat enables families to own homes and build financially for the future, even in today’s housing market.

Across America, the average homeowner boasts a net worth that is 100 times greater than that of a renter: $200,000 for homeowners compared with $2,000, according to the U.S. Census Bureau. However for many the path to homeownership seems out of reach. In a recent survey 51% of respondents who don’t own a home said they’re worried they never will. In LA County, it takes a household income of around $200,000 a year to afford the cost of a median priced home, however the median income in the area is only around $70,000. Adding to that – supply is lower than demand with an estimated shortage of 500,000 affordable housing units needed in LA County.

To help address this need and offer real solutions to the housing crisis SGV Habitat is announcing Framing the Future, a campaign that aims to change the lives of 200 families throughout 31 communities over the next 3 years.

SGV Habitat brings people together to build homes, communities and hope in your local neighborhoods. Framing the Future will highlight the immense need for affordable places to live while celebrating the diverse ways SGV Habitat is finding solutions – through increasing housing production, affordable home preservation and sustainable practices such as operating resale stores to keep materials out of landfills.