Our corporate partnerships play a critical role at Syracuse Habitat for Humanity. Without their support, we cannot build houses.
The total cost to build one Syracuse Habitat for Humanity home is approximately $100,000. We depend on donations from individuals, businesses and foundations to raise the money needed to build each home. After the home is built, we start to re-cooperate $70,000 of the construction cost in the form of mortgage payments; this covers the costs that Habitat for Humanity International says we can charge the homeowner. As of 2009, the remaining cost is funded through a combination of HUD AHC grant money and donations.
We must raise a third of the funds in advance of starting each build, and we typically continue to fundraise the remaining money during the construction period.
Sponsor Syracuse Habitat for Humanity
- There are many ways to partner with Syracuse Habitat for Humanity:
- General sponsorship
- House sponsorship
- ReStore Sponsorship
- Event Sponsorship
- Ad space purchases in the bi-monthly Harbinger newsletter or in event programs.
- Partners receive a combination of promotional and house building benefits depending on the amount of their investment in our organization.
Ways to Partner.
- Syracuse Habitat for Humanity is not a charity. We lend a hand up, not a hand out to the hard-working low-income families we select to become Habitat homeowners.
- Syracuse Habitat for Humanity serves an UNSERVED segment of our community: the working poor who live in poverty housing, who would not qualify for a conventional mortgage, and who do not qualify for any other government housing programs.
- The Habitat for Humanity model for homeownership works. Habitat for Humanity has used this model for decades and has built over 300,000 homes around the world. The model is simple: we raise money; we sell them at 0% interest and receive the money back in the form of mortgage payments; we work with our homeowners to inspire financial success.
- Syracuse Habitat for Humanity has a proven track record of success. Since our inception in 1984, we have over 56 houses since, and have had only 3 foreclosures.
- We are good financial stewards of the money donated to and invested in Syracuse Habitat for Humanity. Overhead costs are low; 86.6% of each dollar goes to programming.
- A dollar given to Syracuse Habitat for Humanity is more than a donation, it's an investment in the community that continues to grow. Since its inception in 1984, Syracuse Habitat for Humanity has had cumulative economic impact on Onondaga County of over $25M.
- Syracuse Habitat for Humanity supports the environment through energy-efficient home construction, the ReStore (a recycling and re-use home improvement store), and its building deconstruction business.