Crow River Habitat for Humanity Inc

“A board member signs the return before filing and has the opportunity to ask questions, request further explanation and review all information prior to submission. The auditor will present the 990 to the board of directors. The remaining board members will have the opportunity to ask questions.”

“Full disclosure, by notice in writing, shall be made by the interested parties to the full board of directors in all possible conflicts of interest situations. This occurs on an annual basis and as issues arise.”

“All governing documents available upon request.”

“The mission of crow river habitat for humanity (crhfh) is to eliminate poverty housing from mcleod county and to make decent, affordable shelter for all people a matter of conscience. Crhfh fulfills its mission through two program initiatives which address home ownership needs in the community while engaging the community in the issues of affordable homeownership.”

“Volunteers assist with committees, fundraisers and events, house construction, and meal preparation for other volunteers.”

“Crow river habitat for humanity (crhfh) creates affordable home ownership by matching a site to family and then engages the family and community volunteers to build or rehab the home using donated labor, materials and contributed funds. The homes are sold to local low-income families that earn between 30%-60% of mcleod county's area median income. Crhfh and the habitat family agree to the price of the 1st and 2nd mortgage that is most affordable for the household before ground breaking. Crhfh manages the project budget and partners with rural development to finance the home. At the time of closing, the family enters into a low-interest loan agreement to pay the first mortgage to rural development over 33 years and a second mortgage to crhfh on the home to capture the difference between actual cost and fair market value. The first mortgage payment from rural development are added to the building resources for future habitat home projects. Crhfh also prepares families to be successful homeowners by having them complete classes ranging from personal finance to home maintenance. 28 families have purchased homes since 1996. Crhfh is constantly working with a broad range of community partners to eliminate poverty housing and educate the public on affordable housing issues. Crhfh utilized advocates who support our public policy effort. Additionally, crhfh is supported by countless volunteers in all aspects of our mission work. Preserving homeownership is a program which allows existing homeowners in the community to remain in their home. Priority is given to the elderly, veterans, those with disabilities and single parents.”