Habitat For Humanity Sees Gold In Vacant Housing

Used to pouring resources into building new homes, Habitat for Humanity sees opportunity in the vast number of vacancies caused by the mortgage crisis.

1 minute read

September 26, 2009, 1:00 PM PDT

By Tim Halbur


"[A]s thousands of homes sit vacant, Habitat officials say they can't pass up this opportunity.

With prices depressed, many are finding they can buy and rehab cheaper than they can build. (Most Habitat chapters also continue to build.) Rehab projects are often faster, so families can move in sooner. And Habitat officials say rehabbed, owner-occupied houses will ultimately boost home values in high-foreclosure neighborhoods."

Friday, September 25, 2009 in Miller-McCune

portrait of professional woman

I love the variety of courses, many practical, and all richly illustrated. They have inspired many ideas that I've applied in practice, and in my own teaching. Mary G., Urban Planner

I love the variety of courses, many practical, and all richly illustrated. They have inspired many ideas that I've applied in practice, and in my own teaching.

Mary G., Urban Planner

Get top-rated, practical training

Wastewater pouring out from a pipe.

Alabama: Trump Terminates Settlements for Black Communities Harmed By Raw Sewage

Trump deemed the landmark civil rights agreement “illegal DEI and environmental justice policy.”

April 13, 2025 - Inside Climate News

High-rise apartment buildings in Waikiki, Hawaii with steep green mountains in background.

Study: Maui’s Plan to Convert Vacation Rentals to Long-Term Housing Could Cause Nearly $1 Billion Economic Loss

The plan would reduce visitor accommodation by 25% resulting in 1,900 jobs lost.

April 6, 2025 - Honolulu Civil Beat

Logo for Planetizen Federal Action Tracker with black and white image of U.S. Capitol with water ripple overlay.

Planetizen Federal Action Tracker

A weekly monitor of how Trump’s orders and actions are impacting planners and planning in America.

April 10, 2025 - Diana Ionescu

Bronze statue of homeless man (Jesus) with head down and arm outstretched in front of St. Matthew Cathedral in Washington D.C.

Federal Homelessness Agency Places Entire Staff on Leave

The U.S. Interagency Council on Homelessness is the only federal agency dedicated to preventing and ending homelessness.

15 minutes ago - The New York Times

Historic stone structure surrounding natural spring in India with plaques.

Restoring Northern India’s Himalayan ‘Water Temples’

Thousands of centuries-old buildings protect the region’s natural springs and serve as community wells and gathering places.

1 hour ago - Reasons to Be Cheerful

Blue Bublr bikes parked at station on sidewalk in Milwaukee, Wisconsin.

Milwaukee to Double Bike Share Stations

Bublr Bikes, one of the nation’s most successful, will add 500 new e-bikes to its system.

2 hours ago - OnMilwaukee