THE PROBLEM: : Philadelphia has the highest poverty rate of the ten largest cities in the U.S., paired with a high rate of homeownership and an aging housing stock. 121,000 homes in Philadelphia are rated as inadequate. 37,000 are severely inadequate. Residents can no longer afford to keep up with the family homes they have spent their lives in. Homes are abandoned, families are displaced, and assets are lost. Vacancies increase costs to the City to maintain land.
THE SOLUTION: Habitat’s targeted neighborhood approach to providing critical home repairs for families in low-income neighborhoods helps stabilize and preserve the existing housing stock in a cost-effective manner. Elderly residents are afforded the opportunity to “age in place” in the comfort of their own homes. Households with children see reductions in asthma-related hospital visits. The work preserves family assets for years to come.
YOUR INVESTMENT: Provides affordable, critical home repairs to families who could not otherwise afford it. Keeps residents warm, safe, and dry in their homes. Preserves and stabilizes neighborhoods and family assets by maintaining adequate homes.
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