ROCKFORD AREA HABITAT FOR HUMANITY PROGRESS REPORT

How are We Doing?

• As of September 2010, RAHFH has built 89 homes.

• As of October 2010, 88% of RAHFH homes are occupied by the original homeowners.

• Since 1988, six RAHFH homeowners have signed a quit claim deed back to RAHFH.  One sold her home to a family member.

• Since 1988, five RAHFH homeowners have gone through the foreclosure process.

• Nationally, the Habitat for Humanity foreclosure rate is just under 2%.

• In 2010, the mortgage principal from RAHFH homeowners will exceed $179,000.  This is enough to build 3 homes next year.

• As of September 2010, two homeowners have paid off their mortgages.  Two have sold their homes on the market..

• In 2010, RAHFH homeowners will contribute to the community by paying approximately $144,000 in property tax.

• The average mortgage length for a 2009 new Habitat Homebuyer is 24.59 years.

• The average income for a 2010 new Habitat Homebuyer is $30,000.

• Since 1989, RAHFH has served over 53 families in Gliwice, Poland, through their tithe to Habitat International.

• The average mortgage payment for a 2010 new Habitat Homebuyer is $518.00

• According to the 1990 and 2000 decennial census, the citywide homeownership rate rose from 59.6% to 61.1% over the last decade. (Source: Rockford Housing Market Survey, September 2004)

• In Northwest Rockford, where over half of Habitat homes are located, the homeownership rate rose from 60.3% in 1990 to 61.5% in 2000.  RAHFH is seeing success in striving to increase homeownership in lower income neighborhoods. (Source: Rockford Housing Market Survey, September 2004)

• In Northwest Rockford, the total offenses reported to the Rockford Police department dropped 10.2% from 355 in 1994 to 322 in 2004.  (Source: Rockford Police Department, Records Manager).

For more information please call the office at 815-636-4573.