Habitat for Humanity of East King County seeks input on store
November 17, 2010
NEW — 6 a.m. Nov. 17, 2010
Habitat for Humanity of East King County has launched a survey to gauge interest in a Habitat Store for the Eastside.
The store could serve as another source of dollars for the nonprofit organization. Habitat has enlisted the help of the University of Washington Leadership MBA program to assess community interest in a store.
The organizations created a brief survey to help determine the level of interest.
Habitat representatives and families joined city officials in June 2009 to break ground for a local development in the Issaquah Highlands at 2500 N.E. Magnolia St. The completed duplexes should house up to 10 families.
Habitat selects homeowners based on need and ability to pay a mortgage. Families earn about $20,400 to $40,700 — less than half of the 2008 King County median income for a family of four. Homeowners must also live or work in the county for at least a year. Habitat families must also contribute 500 hours of sweat equity to the organization.
Habitat sells the units at cost — about $100,000 — and homeowners repay no-interest loans. The organization retains ownership of the land.