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Habitat to dedicate home made possible through Neighborhood Stabilization Program


At a purchase price of $10, Lexington Habitat for Humanity received 10 lots through the Neighborhood Stabilization Program (NSP). Five of the lots had existing homes that could be remodeled by Lexington Habitat for Humanity to create simple, decent, affordable housing for low-income families. The remaining five lots were designated for new home construction.
 

Emmanuel Katchofa, Marceline Ilunga and their five children were one of the five Lexington Habitat partner families who chose an NSP lot with an existing home. The Katchofa-Ilunga family worked alongside community volunteers and sponsors to remodel the home located at 224 Savoy. Their home dedication is scheduled for Wednesday, Dec. 19, at 6 p.m. at 224 Savoy to celebrate the many partnerships which made homeownership possible for this family.
 

Habitat for Humanity affiliates nationwide are participating in NSP which was established by the Housing and Economic Recovery Act of 2008. The state of Kentucky received $37 million in NSP grant funding from HUD, which was channeled to local governments and nonprofit organizations to purchase and redevelop foreclosed and abandoned houses and residential properties. Lexington Habitat partnered with the Kentucky Department for Local Government and Lexington Fayette Urban County Government to create ten affordable homes in Fayette County. In Fayette County, nearly $8 million in projects were funded to create approximately 119 rental and owner units, 10 of which are Lexington Habitat owner units.
 

All five remodeled homes were in neighborhoods where Lexington Habitat has not traditionally built. In addition to the home at 224 Savoy Road, Habitat remodeled and dedicated homes this year at 201 Savoy Road, 2486 Plumtree Court and 2581 Cashel Court. A fifth home, located at 120 Glenn Place, will be remodeled next year.
 

As with Lexington Habitat’s traditional new construction build, partner families with remodeled homes are also required to perform sweat equity hours based on family size (250 for a single headed household and 500 for a dual headed household). Volunteers joined families in working on remodeling the homes and sponsors donated $21,250, per home to assist in the cost of remodeling.
 

Lexington Habitat Home Remodel Sponsors included:
 

· 224 Savoy Road- PNC Bank, PNC Foundation, The Ford Motor Company and Lexington Area Ford Dealers
· 201 Savoy Road- Ashland Incorporated
· 2486 Plumtree Court- Calvary Baptist Church
· 2581 Cashel Court- BACK Construction
· Sponsorship for 120 Glenn Place is still available for 2013
 

Lexington Mayor Jim Gray and sponsor representatives from PNC Bank, PNC Foundation, The Ford Motor Company and Lexington Area Ford Dealers will attend the Dec. 19 home dedication. The program will include the presentation of the house keys and a hammer to the family and remarks from the family as well as special remarks from Mayor Gray. Lexington Habitat invites the public to attend.
 

From Lexington Habitat for Humanity


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