Home Is The Key

Published Wednesday, April 24, 2019

[Toledo (April 19) — For many people across the U.S., access to an affordable home remains out of reach, creating barriers to affording necessities such as food, education or medical care. In Toledo, 56% of households cannot afford a basic budget according to HUD, Sept. 1, 2018 report. The U.S. Department of Housing and Urban Development (HUD) says housing is “affordable” if a family spends no more than 30% of their income to live there.

 

To address this need locally, Maumee Valley Habitat for Humanity is joining forces with The City of Toledo for a national campaign known as Home is the Key. This campaign spotlights the need for affordable housing and aims to raise funds to drive lasting change locally and across the United States.

 

Mayor Wade will be rolling up his sleeves to help with a rehab of a Habitat home in West Toledo.

 

“We have seen firsthand how an affordable home can play a key role in helping families and individuals thrive,” said Michael McIntyre, Executive Director, Maumee Valley Habitat for Humanity. “We invite our community to show their support by donating, volunteering or advocating with us throughout April so we can partner with more homeowners and build strong futures together.”

 

At Maumee Valley Habitat for Humanity, we believe everyone deserves a decent place to call home. According to data from a 2017 United Way ALICE Report Ohio, $883 is the average monthly rent of a 3-bedroom single family home in Toledo. When future homeowners partner with Habitat, they work alongside hundreds of volunteers to complete 250 sweat equity or volunteer hours before they can purchase their home through Maumee Valley Habitat for Humanity. The average mortgage payment for a Habitat home in 2018 was $377. Over the past 5 years, Habitat’s average mortgage cost was $493.

 

To learn how to get involved with Maumee Valley Habitat for Humanity, www.mvhabitat.org. For more information about Home is the Key, visit habitat.org/homeisthekey.