Why Support Homestead?
The single most important reason to support Homestead is that our work makes your community stronger.
Your support results in:
- A growing inventory of homes affordable to middle-income households today and tomorrow;
- Families building equity safely;
- Children staying in the same school district;
- More people who get involved in improving their neighborhoods and other civic activities;
- Fewer foreclosures;
- Fewer absentee landlords; and
- A legacy for the next generation.
Click here to find out how you can support our important work.
The gift that keeps on giving:
When you support Homestead you help provide a deserving individual or family with the opportunity to own their own home, expand the number of permanently affordable homes in the Seattle area and strengthen the communities where all of us live, work and play.
Whether you choose to give a one time financial gift or commit the next 20 years of your life to Homestead's mission, each contribution to Homestead is a permanent investment in the fabric of our community, creating affordable homes that serve our neighbors today and the community at large well into the future.
Homestead, by employing the community land trust approach to homeownership, is a prudent and efficient investment of public housing dollars and community philanthropy. Money invested in Homestead is used to keep homes affordable for the long-term and to ensure homeowner success. Housing subsidy funds stay permanently invested in each home, so even after many resales, a Homestead home stays in service of the community, creating access to homeownership for the entirety of the home's useful life.
So, why now?
For many people buying a home in the Seattle area, even with lower home prices lately, is still a seemingly impossible challenge. The need for stability and predictability of monthly housing costs for individual households, home values and quality for neighborhoods and communities is more clear than ever before.
Now is the time to take advantage of opportunities to increase the number of permanently affordable homes in the Seattle area, while home prices still remain lower than usual.
By investing now, we can buffer our community against the potential for dramatic increases in home prices. By investing now, as the economy stabilizes we can safeguard families and communities against the cyclical nature of the housing market.
Your support creates opportunities for your modest-income neighbors - your child's teacher, your aging parents, the grocery clerk at your local super market, your mail carrier - and directly benefits you by creating a stronger, more just community.
The need for affordable housing is growing more urgent as a result of employment hardships due to the recession. Supporting Homestead builds homeownership opportunities that will long outlive the current economic crisis. Our support works!
To date, no Homestead homeowner has experienced foreclosure. Homestead has a ZERO FORECLOSURE RATE. Now, that's stability.
Find out how you can contribute here.