Wednesday, September 23, 2009
Rehab for Humanity
As foreclosures sweep the nation, there is at least one reason to be hopeful: newly discounted prices are making it possible for community groups to purchase and renovate homes for low-income families. Many organizations that have traditionally built new homes for low-income families, such as Habitat for Humanity, are now finding it more cost-effective to rehab foreclosed homes. This serves the dual purpose of providing adequate housing for those in need and protecting heavily foreclosed neighborhoods from additional neglect. In this way, housing groups are able to affect whole communities rather than just a single family at a time.
If you'd like to help housing groups rebuild communities, take a look at the ratings for organizations dealing with foreclosure today.