Affordable Homes

begin with Affordable Lots

There is an increasing demand for affordable workforce housing and Grand Island Area Habitat for Humanity has many more applicants than loans available.

Last year, 134 households inquired about obtaining a Habitat home loan, but only five loans could be granted due to availability and funding.

Capital Avenue Development

Acquiring appropriate, affordable land on which to build homes is one of the organization's ongoing challenges. To help ease this need, just over 3.5 acres of underdeveloped land was purchased along Capital Avenue. The property will accommodate 22 homes to be built over the next 4 to 5 years. Before construction can begin, Grand Island Area Habitat for Humanity must add water, sewer, and electrical lines as well as streets.

Although Habitat homebuyers repay the organization the cost to build homes at 0% interest, they still must meet low-income guidelines and debt-to-income ratios. Because of this, development costs cannot be passed along and still have homes remain affordable.