"What if everyone in Lake and Geauga County had a safe, healthy, and affordable place to call home?"
Together, we can help make the #CostOfHome
something we ALL can afford.
In Ohio, 1 in 9 households
spend more than half of their income on housing.
Rent and homeownership costs are skyrocketing, while wages are not keeping pace. At Lake-Geauga Habitat for Humanity, we know that a family should never have to spend more than 30 percent of their income on a home. But consider that today nearly 19 million U.S. households pay half or more of their income on a place to live. That means that 1 in 9 families are denied the personal and economic stability that safe, decent and affordable housing provides. These Include:
Education
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.
Education
A safe, stable home allows children to be involved in extracurriculars and more focused on their school work.
Income
Affordable homeownership provides the opportunity for families to build asset security and generational wealth.
2019 fair market rent for an Ohio 2-bedroom apartment is, on average, $1,200/month. A Lake-Geauga Habitat for Humanity homeowner will spend approximately $600/month to buy and own their home.
Health
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.
Community Involvement
Homeownership yields healthier, better-educated citizens who are much more likely to get involved in helping their communities grow and thrive.
Lake-Geauga Habitat for Humanity homeowners have paid over $118,000 in property taxes.
What is affordable housing?
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Simply put, housing is affordable when a household spends no more than 30% of their income on housing, including their rent or mortgage, property taxes, and insurance.
