Memo- Habitat for Humanity PresentationMEMO
To: Hopkins City Council
From: Tara Beard, Community Development Coordinator
Date: January 17, 2008
Subject: Habitat for Humanity Presentation
Twin Cities Habitat for Humanity (TCHH) is an organization that builds affordable home-
ownership housing for low- income Twin Cities residents. TCHH has built homes in neighboring
communities such as Minnetonka and St. Louis Park, but never before in Hopkins. TCHH
expressed interest in the two single - family lots currently for sale on Harrison Ave S. After an
initial meeting with TCHH, the City entered into a Right of Entry agreement to allow TCHH to
investigate soil conditions on the sites. TCHH has also acquired their own appraisal of the
properties.
Twin Cities Habitat for Humanity is joining us at the work - session on January 22 to share their
interest in the Harrison properties and to present information about their organization and
process. The goal for the evening is to share information and obtain City input so that TCHH
has the information they need to determine if they would like to make a formal offer on the
properties.
Attached are handouts describing the sites, Fast Facts on TCHH, and some images of TCHH
built homes in the metro area.
Opportunity to build your new home in Hopkins!
Lots overlook wetlands & Blake School property.
SchatzGroup GMAC
a
An Independently Owned and Operated Firm
Mike Schatz / Schatz Team
Serving Hopkins since 1988
Office 952- 938 -2593
Team Hotline 952- 380 -7093
www.HelloHomeB uyer. com
Two lots offered for sale at
$89,900 each.
Zoned for detached single
family homes.
• Lot 1 dimensions:
51.92 x 127.22 x 56.97 x 127.02
• Lot 2 Dimensions:
51.92 x 127.61 x 56.97 x 127.22
• 1/4 Mile from new office building
complex.
• Within 1/2 mile of two proposed
light rail stations to Minneapolis.
• Less than 1/4 mile to bus stop
with service to Minneapolis.
• Within 1 mile of Downtown
Hopkins offering Entertainment,
Dining and Recreation.
• Nice, level lots with trees behind
provide great potential for a
private yard.
• Award winning Hopkins Schools.
• For copies of Restrictive
Covenants email Mike at
mike @schatzteam.com
Information deemed reliable but not guaranteed. Please verify as needed.
Twin Cities
I OP • ' t Habitat
for Humanity®
Building Community
Fast Facts
The Families
The Homes
Support for Habitat
• Approximately 50 -60 families move into Twin Cities Habitat homes each year;
51 families purchased homes in 2006
• As of March 2007, 650 families have purchased Habitat homes in the Twin Cities.
• For every family that Twin Cities Habitat for Humanity serves, we must turn ten
families away.
• Each year approximately:
• 900 families attend eligibility /orientation sessions.
• 660 eligible families complete applications for Habitat homes.
• 50 - 60 applicants with the highest need are selected to buy a Habitat home.
• We sell to families that make less than 50 percent of the area median income.
• The average Habitat family income is $27,500.
• On average, a Habitat family has six members in the household.
• Habitat homes include single - family homes, twin homes, and multi - family homes.
• The average cost to build a Twin Cities Habitat home is $182,100.
• The typical Habitat home is 1,400 square feet with three bedrooms.
• Faced with rising land and construction costs, Twin Cities Habitat for Humanity is
changing its building model. Just four years ago, 65 percent of TCHFH homes were
single - family. Today, nearly 65 percent of our homes are multi - family.
Volunteerism
• Twin Cities Habitat for Humanity engages over 20,000 volunteers a year.
• On any given day during our peak construction period, over 270 volunteers are
working on up to 20 homes.
• Volunteer groups who are interested in building a home are asked to assist in providing
the resources essential to construction of the homes.
Our Donors
Each year:
• Over 11,000 individuals donate to TCHFH
• Nearly 300 corporations support TCHFH
• Over 300 faith -based groups support TCHFH
• TCHFH receives approximately 2,500 in -kind donations
3001 4" Street SE • Minneapolis, MN 55414 -3301 • (612) 331 -4090 • fax: (612) 331 -1540 • info@u'tchabitat.org • www.tchabitat.org
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TCHFH Historical
Home Cost Components
1995
2000
2005
2006
Land
IK
$16,000
$20,400
$12,200
$4,200
Cash
$0
$4,400
$30,800
$34,300
Total
$16,000
$24,800
$43,000
$38,500
Construction,
Infrastrucure &
Site Support
IK
$10,000
$12,000
$13,650
$20,400
Cash
$56,700
$97,700
$124,450
$123,200
Total
$66,700
$109,700
$138,100
$143,600
Total
Home Costs
IK
$26,000
$32,400
$25,850
$24,600
Cash
$56,700
$102,100
$155,250
$157,500
Total
$82,700
$134,500
$181,100
$182,100
Twin Cities Habitat for Humanity Service Area: 650 Homes Sold to Families
Scott
Savage
2
The Habitat Model:
Maintaining Affordability
Three major factors allow us to
maintain affordability for homebuyers:
. Volunteer labor
• Cash and in -kind donations from
individuals, businesses, foundations,
civic and faith -based groups
• Zero percent mortgage issued by
Twin Cities Habitat to homebuyers
Carver
Chanhassen
Chaska
2
2
* Ground Broken 2006
** Ground Broken 2007
Bloomington
9
Brooklyn Center
3
Anoka
Eden Prairie
1
Dakota
Golden Valley
17
Ramsey
Maple Grove
8
Minneapolis
215
Hennepin
Minnetonka
4
0 **
Vadnais Heights
New Hope
2
White Bear Lake
Plymouth
0 **
Richfield
10
St. Louis Park
6
Wayzata
0*
Twin Cities Habitat for Humanity Service Area: 650 Homes Sold to Families
Scott
Savage
2
The Habitat Model:
Maintaining Affordability
Three major factors allow us to
maintain affordability for homebuyers:
. Volunteer labor
• Cash and in -kind donations from
individuals, businesses, foundations,
civic and faith -based groups
• Zero percent mortgage issued by
Twin Cities Habitat to homebuyers
Carver
Chanhassen
Chaska
2
2
* Ground Broken 2006
** Ground Broken 2007
Maplewood
1
Mounds View
2
Anoka
New Brighton
10
Dakota
North St. Paul
1
Ramsey
Rosemount
2
Roseville
2
19
St. Paul
222
0 **
Vadnais Heights
1
32
White Bear Lake
3
Twin Cities Habitat for Humanity Service Area: 650 Homes Sold to Families
Scott
Savage
2
The Habitat Model:
Maintaining Affordability
Three major factors allow us to
maintain affordability for homebuyers:
. Volunteer labor
• Cash and in -kind donations from
individuals, businesses, foundations,
civic and faith -based groups
• Zero percent mortgage issued by
Twin Cities Habitat to homebuyers
Carver
Chanhassen
Chaska
2
2
* Ground Broken 2006
** Ground Broken 2007
Apple Valley
1
Burnsville
13
Anoka
Hastings
13
Dakota
Inver Grove Heights
2
Rosemount
2
South St. Paul
7
19
West St. Paul
8
Twin Cities Habitat for Humanity Service Area: 650 Homes Sold to Families
Scott
Savage
2
The Habitat Model:
Maintaining Affordability
Three major factors allow us to
maintain affordability for homebuyers:
. Volunteer labor
• Cash and in -kind donations from
individuals, businesses, foundations,
civic and faith -based groups
• Zero percent mortgage issued by
Twin Cities Habitat to homebuyers
Carver
Chanhassen
Chaska
2
2
* Ground Broken 2006
** Ground Broken 2007
Anoka
4
Columbia Heights
21
Anoka
Coon Rapids
3
Fridley
2
Ramsey
0 **
Newport
19
Washington
St. Paul Park
0 **
Woodbury
32
Twin Cities Habitat for Humanity Service Area: 650 Homes Sold to Families
Scott
Savage
2
The Habitat Model:
Maintaining Affordability
Three major factors allow us to
maintain affordability for homebuyers:
. Volunteer labor
• Cash and in -kind donations from
individuals, businesses, foundations,
civic and faith -based groups
• Zero percent mortgage issued by
Twin Cities Habitat to homebuyers
Carver
Chanhassen
Chaska
2
2
* Ground Broken 2006
** Ground Broken 2007