Since 1985, Habitat for Humanity of Pinellas and West Pasco Counties has partnered with low- to moderate-income families to provide a hand up toward affordable homeownership. In the last decade, the organization has experienced record-breaking and sustainable growth, with 81 families served this year, according to a news release.
This summer, Habitat will dedicate its 900th home build in the Pinellas and West Pasco region. More than 600 of those homes have been built in partnership with local deserving families and individuals in the last 10 years, the release says.
Habitat for Humanity builds and sells homes at 0% interest to households not qualifying for a traditional mortgage. The program prepares homeowner partners through an education curriculum of 36 classes, from budgeting to home maintenance. Homeowners purchase their home from Habitat and earn a 0% interest mortgage, never paying more than 30% of their household income for housing expenses. This helps to keep monthly payments affordable and homeowners can build equity in their home from their first payment.
Habitat currently is under contract for 5 acres, which will provide homeownership opportunities to 24 families in Spring Hill. Plans for the development will be released soon, the release states.
The home organization also will open a new office space at 7237 Little Road in New Port Richey and will celebrate with an open house and ribbon-cutting on May 3 at 10 a.m.
The new Habitat office is approximately 2,500 square feet and features staff workspaces and an education room for future Habitat homeowners.
Published May 01, 2024
