Lake of the Ozarks Habitat for Humanity presented its 18th house to Ashley and her family on November 11, 2017, just in time for the holidays.

HabitatLake dedicated its latest home just in time for the holidays.

Lake of the Ozarks Habitat for Humanity presented its 18th house to Ashley and her family on November 11, 2017.

The home on Hidden Creek Court was built by the volunteer construction crew and selected sub-contractors during the year, but Ashley and family contributed at least 150 hours of sweat equity by working on the house or volunteering at ReStore.

Located 308 Keystone Industrial Park Drive, Habitat’s resale operation, consisting of donated building materials, furniture, appliances, lighting fixtures, household goods, paint and more, is its primary source of funding for these projects.

Habitat for Humanity homes are not a gift. The homes are mortgaged with a no interest loan which typically results in a lower payment per month than the rental apartment or home in which they had been living.

Ashley and her family were welcomed to their new Camdenton home with a special dedication ceremony.

Habitat for Humanity International was founded in 1976 by Millard and Linda Fuller in Americus, Georgia as an ecumenical organization to provide decent, affordable shelter to families around the world who could not otherwise afford to own their home. The housing would be built and sold to the families at no profit and with no interest on the loans (mortgages).

Financing would be provided by the new homeowner’s house payments, no-interest loans provided by supporters and money earned by fund-raising activities. This funding process has been successful for “Habitat Affiliates” around the world.

Lake of the Ozarks Habitat for Humanity (HabitatLake) was granted affiliate status by Habitat for Humanity International in 1996 and incorporated as a nonprofit corporation in Missouri on August 20, 1996.

HabitatLake completed and closed on the first home on October 5, 1999 and since that time has built and housed 18 families. Construction began on house number 18 in late 2016.

Almost all who make this possible are volunteers, including those who raise the funds, build the homes, staff the ReStore and do the administrative work required by Habitat International and governmental agencies. Surveying, accounting, audits, closings, ReStore management, etc. do utilize non-volunteer expertise.

All funds are raised in advance and HabitatLake operates on a cash basis. HabitatLake does not borrow money – all non-donated construction and operating expenses are paid for with money raised from individual, corporate, churches, other supporters and the ReStore operation.

HabitatLake maintains a data base called the Groundbreakers Society which may be contacted when contributions are need for breaking ground on new construction. Funds are also available from the repayment of no-interest mortgages that were provided to the partner homeowners.

To qualify, potential partner homeowners must have an income, generally between 25 and 60 percent of the median family income in Missouri as established by HUD ($50,238 for 2015), which is sufficient to pay the mortgage principle, escrow for real estate taxes and homeowners insurance, and a small maintenance fund.

They must currently live in inadequate housing: defined as structurally unsound (leaky roof, unsafe flooring, etc.), unsafe or inadequate electrical or plumbing and/or heating, lack of insulation, broken windows, inadequate number of bedrooms, excessive rent and utilities cost.

Potential partner homeowners must be willing to put in a prescribed number of hours of “sweat equity” either by working on the home as it is being constructed or in other activities as approved by Habitat such as working in the ReStore.

Habitat for Humanity International has served more than 6.8 million people around the world. HabitatLake, as part of our affiliate requirements, tithes 10 percent of net income to Habitat International as part of this effort.

To date, in addition to the 18 homes built for families in Camden County, the tithes have built approximately 48 homes around the world based on an average cost of a home where Habitat operates around the world ranging from $1,500 in 1998 to $4,500 today. HabitatLake is proud of having provided decent, affordable shelter to 56 plus families and more in the future.

HabitatLake currently needs assistance in contacting prospective partner homeowners who may qualify for a Habitat home. Help from churches, social and service clubs, business organizations, and individuals to refer families to our Family Selection Committee, to continue the mission to provide homes to those who could not otherwise afford to own their home. HabitatLake is also in need of volunteers for the ReStore and volunteers for a second construction crew. Please call 573-873-2688 for further information.