BENEFITING HABITAT FOR HUMANITY
One in five Californians spends more than half their income to stay housed. The housing crisis affects us all, and it’s a crisis that takes a community to solve. That’s why we come together for Cycle of Hope.
Cycle of Hope is for you, if you believe that something can – and has to – be done about housing. Cycle of Hope is for you, if you believe in the power of community to create change. Cycle of Hope is for you, if you believe everyone deserves a decent place to live.
When you ride Cycle of Hope, you’re riding for difference for those 1 in 5 families who are overburdened by housing costs. You ride for the 82% of households in the Bay Area who can’t afford to buy a median-priced home.
When you ride Cycle of Hope, you ride to make significant change for people and communities.
- 70% of Habitat East Bay/Silicon Valley homeowners say their health improved after they moved in
- An increase of 50% of families putting away significant investments toward retirement and savings and education after moving in
- 87% high school graduation rate for kids who grow up in Habitat homes (beating the national average for their household income).
And, you ride because it’s not just a crisis of numbers. It’s a human crisis – and this community has the power to change it.
Together, we ride.
Habitat brings homeownership within reach of families with limited incomes, selling homes through stable, affordable mortgages. We promote equity by increasing access to homeownership – along with the positive health, financial, and educational outcomes that are associated with homeownership – among families pushed to the margins of the housing market.
Habitat supports homeowners with repairs and improvements that are out of their financial means. It’s an important tool in our toolbox, one that mitigates conditions that threaten homeowners’ health and safety, prevents displacement, beautifies communities, and holds on to the affordable housing we have.
Housing and Financial Counseling
As a HUD-approved agency, Habitat empowers people with the skills and guidance to better their financial wellness and work toward their goals. Whether it’s purchasing their first home or balancing a household budget, our clients take charge of their financial lives and face the future with confidence.
Read our 2022 Annual Report, and see how the Habitat community – your community – builds real, profound, and lasting change.