Fox Valley Habitat for Humanity (FVHFH) announced its plan to break ground on a sustainable community for veterans. The Yorkville project called Operation Home America, seeks to raise $6 Million by June 15. Funds will be used to develop and zone land for permanent, full-equity, affordable single-family and duplex homes on 50 acres.
Operation Home America will serve as home to seniors, low to moderate-income families, and other at- risk populations such as the disabled and victims of domestic violence.
“Approximately 728,000 veterans currently live in Illinois. Thirty-four percent are living at or below the median annual income level and eight percent survive on an annual income of $10,000 to $15, 000,” stated Jeffrey Barrett, Fox Valley Habitat CEO. “The need for affordable housing for these heroes is alarming. This project will aggressively address the needs of veterans.”
Barrett says that the need for a 100-plus home community is imperative. It will help veterans and their families struggling with finances to find affordable housing and achieve the American dream of home ownership.
“Residents must pay it forward by giving 300-500 hours of sweat equity building quality, attractive homes in the community for others even as they help build their own home,” he said. “When the home is completed the home owner will receive a below market affordable mortgage creating both financial and emotional stability and equity.”
The project includes a community center of support which will benefit the needs of the residents by providing programs such as veteran assistance, senior assistance, financial literacy, counseling, employment assistance and recreation.
Community, national, private and corporate, donors are invited to support the construction of a community. Corporate contributors will receive national recognition to supplement their marketing and advertising. Included will be a press release that features their business’ impact.
For information including how to donate, please visit www.chicagolandhabitat.org/FVOHA or call Jeffrey Barrett at 630-206-5030.
— Fox Valley Habitat for Humanity