BENEFITING: Hattiesburg Area Habitat for Humanity
EVENT: Purple Purse Challenge
EVENT DATE: Oct 01, 2015
Hattiesburg Area Habitat for Humanity does not build houses FOR families; we facilitate a partnership among families who demonstrate need, the ability to pay the mortgage, and a willingness to partner in the construction of their home. This partnership also engages community supporters who join the families in the home building process and provide both financial and in-kind support for building supplies and materials. Homeowners invest a minimum of 450 hours of their own labor, or “sweat equity,” into building their Habitat house and they pay back a no-profit, no-interest mortgage over 20 years.
The average family that is accepted into the Habitat program will wait 1 to 2 years before their home can be built. Once the home is complete, the applicant will purchase their home from Habitat for Humanity with a zero-interest mortgage through Habitat for Humanity. Habitat only takes applications for this program once per year.
Hattiesburg Area Habitat for Humanity empowers people who qualify to build and buy their own homes.