At Habitat for Humanity Australia, we believe in helping low-income families achieve the dream of building and owning their own home. To date Habitat for Humanity in Australia has built more than 140 homes in New South Wales, Victoria, South Australia, Queensland and Western Australia.
Families partner with Habitat for Humanity in the construction of their home. Each partner family receives an interest free, 20 year loan based on 95 percent of the market value of the completed home.
Partner families contribute 500 hours of their own time in the planning and construction phases – this is called ‘sweat equity’ and is recognised in the 5 percent discount on market value that we return to them. For example, if a home is valued at $300,000, the partner family will have accumulated effectively $15,000 in equity, from their own efforts, on the day they move in.
Habitat for Humanity is a not-for-profit, this model allows us to utilise the partner family loan repayments in our program and build new homes for other families.
In addition, to help build homes for Australian families donations are needed and greatly appreciated – your gift of support is a gift that keeps on giving, helping to transform the lives of families as they build futures for their children.
Visit our State Partners’ pages for up to date information on current building activities and home ownership opportunities.