Cost of Home
Help Habitat make the #CostOfHome something we all can afford.
“Families should not have to live in fear of choosing between paying for a roof over their head or paying for food or medicine or clothing for their kids.”
— David M. Dworkin, president and CEO of the National Housing Conference
The cost-of-home burden leaves families with little income to afford the cost of food, health care, and other basic necessities.
Low-income families have the following housing options: overcrowd, overpay, and/or live in dilapidated conditions. These are the foundation of a poor standard of living.
This is why Trinity Habitat focuses on making the #CostOfHome something we all can afford. When home is affordable, it positively impacts all aspects of a family’s life.
We need more quality, affordable living options! The cost of a home is increasing at a faster pace than workforce wages. The result is an ever-widening Affordability Gap.
Our population is and has been growing briskly. As of October 2019, there were fewer than twenty-five new homes (3br, 2ba) for sale in Tarrant County for under $170,000. None, other than those offered by Trinity Habitat, were priced below $140,000.
Wage required to afford fair market rent for a three-bedroom apartment in Tarrant County ($1,460), working 40 hours per week. (State minimum wage: $7.25/hour or $15,080 annually)
On average, families who purchase homes from Trinity Habitat earn $29,105 per year and have a $750 house payment each month.
Our Local Advocacy Focus
In addition to our usual work of making home affordable by building and rehabbing homes, Trinity Habitat is engaging in Habitat for Humanity’s national Cost of Home Advocacy Campaign. Locally, our advocacy is focused on these four areas.
If you believe the cost of home is something we all should be able to afford, please join us!
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