DC Habitat and DC Housing Partnership Collaborate!
Door County Habitat for Humanity and the Door County Housing Partnership are working together to build two new homes in 2021. The first future homeowner in this partnership, Melissa Krueger, has signed the partnership agreement. Melissa Krueger and her children will be purchasing the home being built by Door County Habitat for Humanity volunteers on 6th Place, Sturgeon Bay. Melissa is excited to become a homeowner andlooking forward to a permanent home where she and her children can grow.
The collaboration between the Door County Housing Partnership and Door County Habitat for Humanity has been developing for the last two years. The two organizations are collaborating with the current home builds by Door County Habitat for Humanity on land within the Door County Housing Partnership trust. Because of the structure of the Door County Housing Partnership’s trust, the homes being built will be affordable now and remain affordable in the future. The Housing Partnership assists with the cost of the initial build and the land. This with Door County Habitat for Humanity Volunteer labor enables the home to have a lower mortgage. The Housing Partnership has a resale formula that the homeowner agrees to before purchasing, which facilitates keeping the home affordable through all subsequent homeowners.
Pictured (left to right): Megan Dietz and Lori Allen (DC Habitat) with Mariah Goode and Jim Honig (DC Housing Partnership) at future home of Melissa Krueger.
Homeowners with Habitat for Humanity go through a rigorous approval process. A committee of volunteers look at the applicant’s current living situation, need, ability to pay the Habitat mortgage, and their willingness to contribute to their home through sweat equity hours. All adults in the family are responsible for 200 hours of sweat equity given to Habitat by helping with their home, someone else’s home, or in the Habitat for Humanity ReStore or office. The goal is to find a family that not only needs the hand up now but can enjoy and maintain the homeownership for years to come. By investing both time and money, homeowners can take even greater pride and ownership of their home.
The Door County Housing Partnership is a relatively new, independent, nonprofit organization focused on solving one aspect of Door County’s affordable housing challenge: the disconnect between what working families can afford, and what it costs to purchase a decent home. Their mission is to provide affordable home ownership options for workforce households living here year-round, and to keep those homes affordable forever. Their homes are priced to be affordable to those earning approximately 60% of the area median income. Eligible homeowners must live or plan to live in Door County year-round. At time of purchase have at least one household member that works one thousand or more hours per year in Door County. They use a Community Land Trust (CLT) model to ensure long term affordability, while still allowing the homeowner to gain equity in the home. A CLT acquires or builds homes, then sets the homeowner purchase price based on what is affordable for the targeted household income level and is independent of the construction or acquisition costs. The CLT provides an up-front subsidy that “bridges the affordability gap” between the actual cost of the home and the affordable price, paying down the cost so the first family’s mortgage is at an affordable price. A resale formula is then employed for all subsequent sales. This allows the homeowner to gain equity, while ensuring the home remains affordable for all future home owners.
People interested in supporting Door County Habitat for Humanity and the Door County Housing Partnership’s efforts to increase the number of affordable homes in Door County can do so in several ways - give, volunteer, and donate!
Both organizations are non-profits that rely on donations for funding, and donations are tax deductible. Door County Habitat for Humanity is also always seeking volunteers with a variety of skills. To contact the Door County Housing Partnership, call or email Jim Honig, DCHP Board President at email@example.com or 920-421-2845. To volunteer or donate to Door County Habitat for Humanity, contact Megan at firstname.lastname@example.org or call 920-743-2869 ext. 101.