S.C. Habitat for Humanity observes World Habitat Day
On World Habitat Day, Habitat for Humanity joined the United Nations and organizations around the world on Oct. 4 in raising awareness and in educating and mobilizing individuals and communities to take action on the current global housing challenge.
Representatives from nine counties across South Carolina gathered at the State House to reflect on the basic right of all to adequate shelter, citing Habitat’s role in working towards that goal. On behalf of the S.C. House of Representatives, Rep. Sylleste Davis of Berkeley County presented a resolution to Habitat for Humanity recognizing Oct. 4, 2021 as World Habitat Day. Davis also recognized a proclamation from Gov. Henry McMaster, signed in advance of the event.
Habitat invests in communities statewide by helping households earning between 30-80% of the area median income access and sustain responsible, affordable homeownership. Habitat homeowners help build their own homes alongside volunteers and pay an affordable mortgage. Through home construction, rehabilitation, repairs, housing finance, support services, and technical assistance, Habitat partners with families and individuals to build and improve a place to call home. Paying an average monthly mortgage of $500 for a three-bedroom home, future homeowners are participants in building a better home and future for themselves and their families. According to the National Low Income Housing Coalition’s Out of Reach Report 2021, a Habitat mortgage is $725 less per month than the market rent for a three-bedroom unit in South Carolina.
“Habitat is a more affordable option than renting for families and has a greater economic impact on the state,” stated Nancy Lee, executive director of Habitat for Humanity South Carolina. “Our work not only transforms individual households - it also creates jobs and strengthens our economy.”
A 2020 Economic Impact Analysis represents the collective work of 29 local Habitat for Humanity affiliates. Findings from the 2020 report include:
• Habitat invested more than $33.5 million in operations, construction, rehabilitation, renovation of homes;
• 518 total jobs supported, generating over $22 million in wages paid into the economy;
• $8.7 million in local, state, and federal taxes generated by the work in 2020;
• 10 jobs created and $1.2 million added to South Carolina’s economy for every new home constructed;
• Eight jobs created and almost $935,000 added to the economy for every owner-occupied home repair;
• $6.22 added to the state’s economy for every dollar donated to Habitat; and
• Nearly $62 million total economic impact because of Habitat for Humanity’s work in South Carolina.
“Today reminds us we all have the power - and the responsibility - to shape the future of our towns and the future of the neighbors who live alongside us.”