Economic Impact

Friday, September 30, 2011

AFFORDABLE HOME OWNERSHIP

With your help, Greater Lynchburg Habitat for Humanity can offer interest free mortgages to qualified families.  The foreclosure rate is less than 3%.  Affordable Home Ownership Works!

 

COMMUNITY DEVELOPMENT
A recent calculation of the assessed value of the 268 Real Estate properties located in the city of Lynchburg, developed by Greater Lynchburg Habitat for Humanity is in excess of $15,000,000.00

 

INCREASED TAX BASE

Based on recent calculations of the assessed value of the 268 homes, homeowners residing in homes developed by GLHFH pay Real Estate taxes in excess of $184,000.00

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