Our Partnership–Providing Affordable Housing
As an arm of Habitat for Humanity of Northern Fox Valley, Spring of Life is a partnership of churches and community members in Chicago’s northwest suburbs. We are a group of volunteers–many of us members of our partner churches—and we create affordable housing for qualified families. Since 1997, we have enabled 16 families to grab their piece of the American Dream–a home of their own.
October 2019 we completed construction on this home on Edison in Elgin.
No One Gets a Free Home
A common myth is that we give homes away. This is not the case. Habitat for Humanity of Northern Fox Valley provides interest free loans and Spring of Life provides the sweat equity. All homeowners must qualify for a mortgage by
1. Being able to make the monthly mortgage payments on the interest-free, no profit loan
2. Proving need for affordable housing
3. Committing to 250 hours of sweat equity per adult family member on the construction of the home.