Help Build Pitchkettle
About This Campaign
Did you know that in Virginia, 1 IN 8 HOUSEHOLDS spend half or more of their income on housing.
Through every dollar donated from generous people like you, HabitatSHR is able to continue to build affordable housing. And for every affordable home we are improving the lives of our home buyers, and the communities they live in.
HabitatSHR helps its homes buyers improve their lives by providing them with stable housing. The affordable mortgages gives our home buyers more disposable income to spend on better healthcare and healthier food.
Affordable housing also contributes to increases in local purchasing power, neighborhood vitality and improved neighborhood quality.
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raised of $50,000 goal
Campaign to Support Habitat for Humanity of South Hampton Roads
Habitat for Humanity of South Hampton Roads (Habitat SHR) was founded in 1988.
HabitatSHR has since afforded more than 250 families the opportunity to become homeowners and are doing our part to help break the cycle of generational poverty.
Breaking the Cycle of Generational Poverty
Habitat for Humanity has proven that the Cycle of Generational Poverty can be broken through the Habitat model of a “Hand-up; not a Hand-out.” Three milestones can be measured that depict how Habitat families purchasing affordable housing break the Cycle of Poverty:
First Milestone (Short Term)
AVERAGE MONTHLY HOUSING SAVINGS OF $400 (new mortgage verses old rent) PROVIDES IMMEDIATE BUDGET RELIEF
This increase in the family’s disposable income is life-changing as it enables them to purchase better quality food, pay for dental and medical care, secure more reliable transportation, obtain safe child care services and pursue educational opportunities.
Second Milestone (Medium Term)
FAMILIES IMMEDIATELY START TO BUILD AND ACCRUE HOME EQUITY
Owning a home is the #1 way most American families build wealth. This includes low-income families who, in most instances, have no wealth building opportunities
Third Milestone (Long Term and Sustaining)
CHILDREN GROWING UP IN HOMES ARE 25% MORE LIKELY TO GRADUATE HIGH SCHOOL, 50% MORE LIKELY TO GRADUATE COLLEGE AND 60% MORE LIKELY TO BE HOMEOWNERS THEMSELVES
These are sustainable factors in Breaking the Cycle of Poverty as they are passed from generation to generation.