Coastal Habitat for Humanity holds affordable housing seminar
Coastal Habitat for Humanity holds affordable housing seminar Coast Star
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Coastal Habitat for Humanity Holds Information Session on Affordable Housing Project
WALL TOWNSHIP — Coastal Habitat for Humanity [CHFH], a Monmouth County-offshoot of the international housing nonprofit, held an information session at Wall Township Library on Wednesday, July 12 regarding a southern Wall property that is to be converted into affordable housing.
The property, located at 1123 Manito Road, will be transformed into a single-family home and made available to one applicant household of “moderate income.” According to CHFH criteria, this refers to a three-or-more person living group earning between 30 and 80 percent of the region’s median income level.
Guidelines for Application
CHFH Project Manager Terri Adelstein conducted the presentation, addressing approximately two dozen prospective homeowners and providing information on the application process. A key requirement for homeownership under CHFH is the concept of “sweat equity,” which entails the family contributing physical labor towards the construction of the house.
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“[Sweat equity] is partner families investing their own labor,” explained Ms. Adelstein. “What we ask is: how can we collaboratively work together?”
“The houses are built with volunteer labor and donations,” she continued. “The criteria for ownership of the home are: residency, willingness to partner—participate in sweat equity—and a need for decent, affordable housing.” The determination of this need is based on a home visit and conversation with the applicant. Each adult in the partner family must contribute 250 hours of sweat equity, as stated in the application.
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SDGs, Targets, and Indicators
| SDGs | Targets | Indicators |
|---|---|---|
| SDG 1: No Poverty | 1.4: By 2030, ensure that all men and women, in particular the poor and the vulnerable, have equal rights to economic resources, as well as access to basic services, ownership, and control over land and other forms of property, inheritance, natural resources, appropriate new technology, and financial services, including microfinance. | The article discusses the conversion of a property into affordable housing for households with moderate income levels. This initiative aims to provide access to decent and affordable housing for individuals or families who may be vulnerable to poverty. |
| SDG 11: Sustainable Cities and Communities | 11.1: By 2030, ensure access for all to adequate, safe, and affordable housing and basic services and upgrade slums. | The conversion of the property into affordable housing aligns with the target of ensuring access to safe and affordable housing for all individuals. |
| SDG 17: Partnerships for the Goals | 17.17: Encourage and promote effective public, public-private, and civil society partnerships, building on the experience and resourcing strategies of partnerships. | The article mentions that the houses are built with volunteer labor and donations. This demonstrates a partnership between Coastal Habitat for Humanity and various stakeholders to achieve the goal of providing affordable housing. |
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Source: starnewsgroup.com
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