With a mission to bring people together to build homes, communities, and hope, Austin Habitat for Humanity builds affordable, energy efficient, quality homes for hardworking families in Central Texas in partnership with volunteers, private and public donors, and the community. Austin Habitat sells the homes at no profit with zero percent interest mortgages to partnering families and prepares partner families to be successful homeowners. Austin Habitat is the largest nonprofit provider of affordable homeownership opportunities in Central Texas, serving Travis, Caldwell, and Bastrop Counties.
How it works
Austin Habitat for Humanity serves families earning less than 60 percent of Median Family Income, $46,680 for a family of four, that demonstrate they have:
- Need for shelter
- Willingness to partner
- Ability to pay
Most of Austin Habitat for Humanity's partner families earn between 30 and 40 percent of Median Family Income and are living in overcrowded or substandard conditions, or paying more than 30 percent of their income on rent.
The median household size of an Austin Habitat family is 4 people
The median household income is $30,000, which is about 40 percent of Median Family Income
Almost all of the homes we build are for families with children
67 percent of Habitat homeowners are single-head of household
After a thorough qualification process which takes into consideration these three requirements, Habitat partner families pay a down payment, put 300 hours into building their neighbors and their own homes, and undergo extensive homebuyer education courses. They purchase the home from Austin Habitat and continue to pay an affordable, no profit, 30 year mortgage. Monthly homeowner payments are placed in the "fund for humanity" which funds the construction of additional homes for qualifying partner families.
Why it Matters
Safe and stable homes are the foundation of successful families and communities. But owning a home is not possible for many of our neighbors. More than 25 percent of the city’s workforce earns less than $13.50 an hour. About 36 percent of Austin residents earn less than $45,550 a year, or 60 percent of Median Family Income. As poverty increases, housing costs soar.
Read more about the need for affordable housing in Austin.
Homeownership remains one of the only options for low-income families to build assets and achieve financial security. With affordable mortgage payments and continuing support, Austin Habitat empowers its families with the tools and knowledge for long term success.
Learn more about the impact of affordable homeownership and why it is critical to ending the cycle of poverty.