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Hardin County Habitat for Humanity (HCHFH) finances the construction of houses through various fundraising activities and house payments made by our Partner Families. The families send their house payments to Kentucky Housing Corporation (KHC) where the bookkeeping takes place as a free service of KHC. KHC sends one check each month to HCHFH and this money is deposited into our operation account where it goes to finance the current build. As a result, the families that are currently paying house payments are financing more than a quarter of each house that we build.
What happens when you give HCHFH a dollar:
- The dollar first goes into the construction of a house.
- That house is sold to a family, who then sends that dollar back to Habitat in the form of their house payment.
- The dollar then contributes to another house under construction.
Essentially, that dollar keeps coming back several times a year as it is reinvested in more and more houses. The dollars invested into our first house in 1992 are still in the cycle and will be there, with interest, as long as this affiliate exists.
Your donation never stops giving.
We follow the financial principles established by HFHI (Habitat for Humanity International). The only non-construction costs we incur are the salaries of our staff, office supplies, and postage associated with our newsletter and thank you notes. We are good stewards of the funds that our donors provide.