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SYRACUSE-NORTH WEBSTER INITIATIVE

Text Box: For a lot of people who choose to live on Syracuse or Wawasee Lake, the cost of purchasing the land, leveling the existing house, and building a new larger house, can cost in excess of one million dollars. In contrast, the cost of a Habitat Home can run anywhere from $35,000 to $65,000, depending on the amount of volunteer labor and gifted material. As a result, the same amount of money required to purchase one lakefront luxury home, can cover the cost of as many as twenty-eight Habitat homes.

Presently, there are many low income families in the Syracuse-North Webster area, who are paying as much as $600 a month to rent substandard housing. Many homes do not have adequate insulation and plumbing. Others have only intermittent electricity or Visqueen, instead of glass windows. These people are struggling just to make ends meet. Habitat houses, on the other hand, can be

purchased, through no interest loans, at a fraction of that amount. Participating families can build equity in their home, helping to end

the cycle of poverty.

Our Vision

· Procure a parcel approximately 30 acres to build a Habitat community. Property located near the town water and sewer could result in a substantial savings in the cost per home.

Text Box: Develop a Habitat subdivision, building at least ten Habitat homes per year. Offer life skill classes, teaching personal finance, how to purchase a home, how to establish good credit, home care, and creating a budget. The Gift That Keeps on Giving All home payments by Habitat families go toward building future homes. Approximately 85% of these funds go directly into materials or labor related to building the houses. The other 15% goes towards the infrastructure needed to keep Habitat in operation. Syracuse –North Webster Initiative Financial Gifts All checks should be written out to “Kosciusko County Habitat for Humanity.” Write “Syracuse-North Webster” on the memo line of your check..

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