Even before the COVID-19 pandemic hit, the U.S. was facing extreme housing challenges. Now, with hours, wages and jobs cut as a result of the coronavirus, even more individuals are facing housing instability.
With a shortage of affordable housing in communities across the U.S., it is more important than ever that we help low-income homebuyers learn about and take advantage of down payment assistance programs and the support they provide.
Habitat’s vision is a world where everyone has a decent place to live. Habitat is committed to removing barriers to affordable homeownership for the most vulnerable communities in more than 70 countries around the world.
Habitat for Humanity’s vision is a world where everyone has a decent place to live, but a structure of intentional and systemic racial discrimination in the U.S. has created barriers to homeownership for many Black families.
Since credit can be difficult, if not impossible, for many households to access, we have focused on strategies for equitably increasing access to credit for underserved populations.
Let’s make housing in the U.S. more affordable and accessible for all. Join us through Habitat Voices in Action as we work together for affordable homeownership.
We’ve rounded up four key takeaways from the full report, which provides valuable data on the current U.S. housing market. This report was released by Harvard University’s Joint Center for Housing Studies and proudly sponsored by Habitat.
Learn about Habitat’s homeownership process and family selection qualifications. Habitat does not give away houses; instead, future homeowners partner with local affiliates and volunteers to build or rehabilitate a home and pay an affordable mortgage.