Nearly 60% of Collier County renters struggle with housing affordability.1
More than 20,000 households in Collier County qualify as “cost-burdened,” meaning they spend over 30 percent of their income on housing costs. In order to put a roof overhead, families are shelling out huge portions of their monthly income, sacrificing safety and health for more affordable rentals, or sharing spaces with other families in overcrowded homes. Not only does substandard housing make it difficult to make ends meet, it affects health, childhood development, family dynamics, and employment opportunities.
But access to affordable homeownership opportunities means improved health, greater focus on education, and the chance to break the cycle of poverty for future generations.
Home Changes Everything
Health & Safety
Families priced out of adequate rentals are often forced to take up residence in places that have been neglected and become breeding grounds for mold, mildew, and pest infestations. Others turn to cheaper rentals in unsafe neighborhoods.
With a Habitat, families can afford to live in a safe and healthy home. One that they maintain to make sure it stays that way.
Budget & finance
The cost of renting is so high in Collier County that many families must make difficult decisions about paying for necessities. Imagine having to choose between paying the water bill and buying groceries or going to the doctor when you are sick.
Habitat Collier ensures that payments on our no-interest mortgages are never more than 30% of the owner’s income.
children & school
When parents are struggling, children feel it, too. Living in substandard housing can have an affect on grades, learning, and can make it difficult for children to participate in extra-curriculars or build important relationships with children their age.
The foundation of a stable home allows kids to be kids and gives parents the time and focus to help their children thrive.
Career & opportunity
Many of the people we partner with work multiple jobs to support their families, leaving little time to further their education or pursue better career opportunities. It’s impossible to attain a more lucrative career when you work endless hours just to stay afloat.
An affordable mortgage often eliminates the need for multiple jobs and can free up time and funds to seek better opportunities.