Last weekend we celebrated Merghani and Sara, our newest Habitat homeowners! Neighbors, volunteers, board members, and staff joined together to celebrate this momentous occasion. The renovation was special as we purchased property that we in the early 2000’s and many of the original Habitat homeowners still live in the neighborhood. Over 20 years ago Merghani and Sara moved to America and have lived in the same unit for…
Homeownership acts as a cornerstone of financial stability and wealth accumulation. For low-income families, owning a home can significantly enhance their ability to build equity and secure a stable financial future. Research has shown that U.S. homeowners have an average net wealth 400% higher than renters with similar demographics. This stark difference underscores the transformative…
For many families, the transition from renting to owning a home is a goal that seems exceedingly difficult to reach in our region. Due to the affordable housing crisis and families having limited options, partnerships with organizations such as Habitat DC-NOVA act as vital resources for homeownership. A recent report from the Harvard Joint Center…