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:
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.
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.
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.
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.
We have to take a stand and declare our commitment: Habitat for Humanity will work to ensure that no family has to pay more than half of their paycheck to cover the cost of home. Over the next five years, we will join Habitat organizations, our partners, our volunteers and community members across the country to find the solutions and help create the policies that will allow 10 million individuals to meet their most basic needs.
Everyone deserves to build the foundation for a strong, healthy future for themselves and their families — no matter where they live or how much money they earn. Every family deserves the chance to thrive.
Help us make the #CostOfHome something we all can afford.
You can donate online safely and securely with the form below. You can also donate via check payable to:
Lake-Geauga Habitat for Humanity
100 Parker Court, Suite 6, Chardon, OH 44024