Who We Are
DC Habitat for Humanity works to eliminate poverty housing and homelessness in the nation's capital by building affordable, energy- and resource-efficient homes for God's people in need.
DC Habitat sells homes to families who are ineligible for conventional financing. We offer no-profit, no-interest, 25 year mortgages for our buyers. Prospective homeowners make a $500 down payment and contribute 300 hours of “sweat equity” towards construction of their own home. Mortgage payments on completed homes (typically $400- $425 a month) are reinvested in a revolving Fund for Humanity to finance further construction and the acquisition of additional properties and building materials.
As of October 2007, DC Habitat has completed 94 homes and renovated 75 low-income cooperative units. We are grateful for the over 4,000 volunteers a year who have contributed toward the construction of these homes. |