Facts and Myths

Common Myth-conceptions

Myth: Habitat for Humanity gives away homes.
Fact: Every Habitat homeowner pays the entire mortgage with a 0% interest rate.
Myth: Because of the family’s low income, they will end up in foreclosure.
Fact: Habitat for Humanity of Northern Fox Valley has only had one foreclosure in 24 years.
Myth: Habitat builds inferior homes.
Fact: Our homes meet all local codes and pass building inspections so they are no different than any other well-built home, just smaller.
Myth: Families could have stayed in their nice apartment and paid less.
Fact: Rent for sub-standard apartments is usually more than the mortgage payment for a Habitat home.
Myth: Habitat does not contribute to the economy.
Fact: Habitat for Humanity of Northern Fox Valley has paid over $2 million in property taxes and spent over $8 million in building costs.
Myth: Habitat homeowners will always be on public assistance.
Fact: Research states that the families on food stamps dropped from 40.6% before to 5.7% after moving into their home.
Myth: Families don’t have to do anything to get a Habitat house.
Fact: They put in up to 500 “Sweat Equity” hours and participate in financial and homeowner education classes.