The Habitat business model is one of financial sustainability
Thanks to significant volunteer support, construction costs are kept low and Habitat is able to sell new houses to qualified families at no-profit. Homeowners pay back an affordable mortgage over 30 years and all mortgage payments go into our building program budget, creating a perpetual endowment of sorts. The ReStore also generates sustainable income for our operations and building program.
Mortgage payments and ReStore proceeds account for approximately 30% of the revenue we need to acquire and develop land and build new houses.
We also need and depend on financial support from local individuals, businesses, faith communities, foundations, and government funding sources to successfully carry out our capital-intensive work.
