Creating a New Paradigm for Affordable Housing in Greater Charlottesville
As a housing non-profit with 15 years of experience helping low-income families in the area become homeowners, Habitat has watched the soaring land values in Greater Charlottesville with increasing alarm. In 2001, Habitat was able to purchase a buildable lot in the City for about $15,000 and in the County for $13,000. In 2007, the comparable prices would be $80,000 and $60,000 respectively. As a result of this trend, Habitat made a major change in its traditional strategy. |