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Habitat for Humanity Economic Impact in South Dakota
Habitat for Humanity’s Economic Impact in South Dakota
• In 2009, the 14 Habitat for Humanity Affiliates completed 33 homes.
• By the end of 2009, Habitat for Humanity had built 326 homes in South Dakota.
• Those homes are valued at $35 million.
• Habitat affiliates have purchased over $23 million in goods and services to complete the construction of these homes.
• This represents a direct economic impact in South Dakota’s economy of over $150.8 million.
• The volunteer investment in local communities in South Dakota per year is over $1,656,000.
• In 2009, Habitat homeowners in South Dakota paid over $466,000 in property taxes.
Habitat for Humanity is a nonprofit, Christian housing ministry that works both to eliminate poverty housing around the world and to make adequate housing a matter of conscience and action.
Habitat welcomes to the table partners from any faith – or no faith – who are willing to help improve the lives of families needing decent shelter.
Local Habitat for Humanity Affiliates build and renovate houses in partnership with people in need, and then sell the houses to the homeowner partners. Homeowners are selected by local affiliates based on their need for housing, ability to repay a no-profit mortgage and willingness to partner with Habitat.
Mortgage payments contribute to a Fund for Humanity, which in turn provides the money to build more houses. Because of Habitat’s no-profit loans and because the houses are principally built with volunteer labor, mortgage payments are affordable for low-income partners.
Habitat for Humanity – South Dakota exists to serve Habitat affiliates through education, resource development, and building of public support.
The official purpose of Habitat for Humanity – South Dakota is to seek gifts, grants, resources and support which shall be held, administered and disposed of for the benefit of the South Dakota Affiliates of Habitat for Humanity International.
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