Fact Sheet: A Rick Case Habitat Community

HABITAT FOR HUMANITY INTERNATIONAL:

Since its founding in 1976 by Millard and Linda Fuller, the grassroots movement of Habitat for Humanity has grown from improving the housing conditions on a small Georgia farm to empowering nearly 10 million people worldwide to meet their housing needs. The Jimmy & Rosalynn Carter Work Project has helped to elevate this international housing organization to become Brand of the Year, Most Loved and Most Trusted brand in the social services nonprofit category in the 2016 Harris Poll EquiTrend® Study.

HABITAT FOR HUMANITY OF BROWARD:

Habitat Broward was founded in 1983 to serve the housing needs of low-income residents of Broward County. Using Habitat for Humanity’s proven and sustainable partnership housing model, Habitat Broward addresses the critical need for housing in Broward County by bringing every community sector together to build and renovate 20-25 homes per year alongside people in need of decent, affordable housing. To date, Habitat Broward and its community partners have empowered over 400 hardworking families to build strength, stability, and self-reliance through affordable homeownership.

HOUSING NEED IN BROWARD COUNTY:

  • A study by NYU Furman Center and Capital One found that the Miami metro market, which includes Broward County, was the least affordable rental market to the typical renter in the nation’s 11 largest metro markets studied (Renting in America’s Largest Metropolitan Areas. NYU Furman Center/Capital One National Affordable Rental Housing Landscape, March 8, 2016).
  • The 2017 America’s Rental Housing Report by the Joint Center for Housing Studies of Harvard University confirmed that among the nation’s largest metro areas (with population >1 million), the Miami metro market had the highest percentage of housing cost-burdened renters (61%), as well as the highest percentage of renter households spending over 50% of their income on rent (36%).
  • Habitat Broward received 7,506 online inquiries to fill 18 available slots in the fall of 2017.

A RICK CASE HABITAT COMMUNITY:

A Rick Case Habitat Community in Pompano Beach will provide affordable homeownership opportunities to 77 deserving families. It has taken more than a decade to acquire land and develop a community-informed plan for the nine-acre site located at the SW corner of NW 15th St. and NW 6th Ave. adjacent to a high school and church.

The total project is estimated to cost over $18 million— funds that will be raised and leveraged through partnerships with corporations, foundations, government agencies, the faith community and generous individuals.

Ed Ansin and Rita and Rick Case of Rick Case Automotive Group have provided much of the initial funding for the infrastructure. The project is also made possible by the Mary N. Porter Legacy Fund of the Community Foundation of Broward which awarded us a $1M challenge grant, and the City of Pompano Beach. The Hudson Family Foundation, Burdette Beckman, Inc. and the Robert Taylor Family, the Wadsworth Family Foundation and the Elizabeth Peters Estate are also major contributors. A portion of the infrastructure work is generously being donated by the US Army 766 Engineer Company.

Home construction is slated to begin in late fall 2018 and will take approximately five years to complete under the leadership of Habitat Broward’s experienced construction team. The construction process itself is estimated to cost $14.5 million to complete using a mix of volunteer and subcontracted labor, thus creating jobs and injecting funds in the local economy.

FEATURES OF A RICK CASE HABITAT COMMUNITY:

  • 77 homes consisting of 42-one story and 35-two-story units
  • Size ranging from 1,200 – 1,300 sq. ft. homes
  • Five different models with 3- or 4-bedrooms
  • Sustainable, energy-efficient materials and building practices, including impact windows, to minimize environmental impact, improve indoor air quality, provide protection and reduce utility and maintenance costs
  • A beautiful park accessible to residents of A Rick Case Habitat Community and the surrounding area

BENEFITS AND IMPACT OF A RICK CASE HABITAT COMMUNITY:

  • Expanding the critically needed supply of affordable housing
  • Through affordable homeownership, providing a pathway to economic security and upward mobility to 77 low income families, particularly for their children
  • Injecting over $14 million into the Broward County economy through the construction process by purchasing goods and services locally
  •  Generating an estimated $200,000 annually in new property tax revenue from the home sales
  • Generating approximately $390,000 in mortgage revenue annually, revenue that will be “paid forward” by Habitat Broward to build future homes
  • Providing a family-friendly park and playground area for homeowners and area residents to enjoy for years to come

FOR MORE INFORMATION:

Contact Barbara Witte of Habitat for Humanity of Broward at (954) 396-3030 x 211 or barbara@habitatbroward.org. Additionally, please visit Habitat Broward’s website at www.habitatbroward.org.