Project Type(s): Community, Habitat for Humanity, and Housing
Project Year: 2012
NMTC amount: $3,500,000
Total Project Costs: $5,700,000
Habitat for Humanity Mississippi Capital Area (HFHMCA) invested $5.7M in Midtown and west Jackson areas by creating or renovating 50 homes. One feature home constructed with the financing achieved LEED BD+C Certification and featured collaboration with the Chair of the Mississippi Green Building Council. The larger project also featured a home revitalization component designed to stem decay and provide stabilization assistance to serviceable homes in transitional neighborhoods.
This innovative structure served as a model for other Habitat affiliates nationwide and helped HFHMCA build more homes and make more interest free loans available to Habitat family partners. These family partners earn home ownership opportunities through commitments to stable employment, volunteer/sweat equity in a new home, and mandatory homeownership education through HFHMCA.
“We are extremely grateful for this investment to further our mission in this vital area,” says Cindy Griffin, Executive Director of HFHMCA. “We believe this project provided a new template for revitalizing communities through strategic new home construction and existing home revitalization to make our communities stronger.” Volunteers additionally worked 1,280 hours per completed home.
This project in Jackson continues Habitat for Humanity’s legacy of helping revitalize important communities through affordable housing. This project has far reaching impacts not only for the immediate neighborhoods but also for surrounding projects like the Medical Corridor and its proximity to University of Mississippi Medical Center and the Jackson Medical Mall.