We appreciate your interest in Habitat for Humanity’s Veterans Build. Through this initiative, you can help us provide volunteer, homeownership and employment opportunities to U.S. veterans, military service members and their families.
Facts about veterans
The National Low Income Housing Coalition finds that 2.5 million veterans heading households are at least 55 years of age. Of those 2.5 million veterans, 24 percent have housing cost burdens. Unlike our older civilians, our older veterans are more likely to have a disability — 35 percent versus 28 percent — which may require home modifications, health and other supportive services as they age.
Our female veteran population is in need as well. According to a report by the National Housing Conference, nearly half of our veterans who are single mothers spend more than 30 percent of their income on housing. Our female veterans face significant economic and housing challenges and are particularly vulnerable to housing cost burdens compared with our overall veteran population.
Likewise, our most recent veterans who served following 9/11 have returned to a slow-growing economy and rising housing costs. These economic factors have made the transition from military service to civilian life difficult for many of our veterans.
In addition, nearly 4 million of our veterans pay at least 30 percent of their income toward rent or mortgage, while more than 1.5 million pay at least 50 percent. As you can imagine, using half of your income to pay your rent or mortgage is an enormous strain on any budget.
Learn more via the URL shown in the “Website Address” box above…
Notice: The link provided above connects readers to the full content of the posted document. The URL (internet address) for this link is valid on the posted date; AmacFoundation.org cannot guarantee the duration of the link’s validity. Also, the opinions expressed in these postings are the viewpoints of the original source and are not explicitly endorsed by AMAC, Inc. or the AMAC Foundation, Inc.
Sign Up for Our E-Newsletter!
Stay up-to-date on all of the topics you care about by subscribing to our quarterly newsletter emailed directly to your inbox!