How is Habitat for Humanity funded?
Habitat for Humanity International is funded by donors from around the world, who are concerned with the devastating effects that sub-standard housing imposes on the health, security and well-being of children and families with limited opportunities. Nonetheless, Habitat for Humanity is not a give-away program. Homeowners are required to pay back their houses, but no interest is charged for the Habitat loan. The house payments go into a revolving Fund for Humanity, which is used to fund more houses in the community. Due to the high rate of inflation in many countries, the cost of the house is generally tied to a commodity, like cement. The homeowner understands that he must pay back enough equivalent bags of cement to build another house. This house for house repayment scheme insures the integrity of the Fund for Humanity. To supplement house payments and provide for growth and expansion, each affiliate also raises funds locally. Every affiliate around the world is encouraged to give t
