2021 Impact Study

2021 Impact Study 2022-03-01T14:24:13-07:00

There continues to be a housing crisis in Colorado. According to a 2021 report by the Common Sense Institute, Colorado has over 175,000 fewer housing units than needed to reach the housing to population ratio from prior to the economic recession in 2008. The cost of homes is also skyrocketing making homeownership unaffordable for many families, especially underserved and underrepresented families of color and low-income individuals. To compound the situation, the COVID-19 pandemic resulted in a severe level of job loss and income reduction, leaving Coloradoans behind on their rent or mortgage, or with less confidence in their ability to pay on time. Habitat for Humanity of Colorado and the 25 Habitat for Humanity affiliates seek to address these housing concerns by building, renovating, and repairing safe, stable, affordable for-sale homes in partnership with households earning low to moderate incomes throughout the state. In 2021, HFHC hired Research Evaluation Consulting to conduct a comprehensive assessment that measured the effect affordable homeownership had on Habitat homeowners, their families, and the state of Colorado. The Impact Study focused on the experiences of homeowners and their families. Demographic data, education outcomes, financial impacts, health and quality of life, and neighborhood and community impact were all measured. The study also gave individuals the opportunity to share their stories and provide feedback. HFH affiliate findings focused on the economic impact of the construction of homes, operating costs, activities related to ReStore, and volunteering across the state.

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