Habitat for Humanity of Spartanburg commissioned an Economic Impact Study through the S.C. Association of Habitat Affiliates, which has performed similar evaluations for other South Carolina Habitat affiliates.
Homeownership has a tremendous impact on families, and the Spartanburg economy.
Research shows that children living in family-owned homes versus children who live in rental units:
In the 2016/17 Fiscal Year, Habitat Spartanburg has added $1.9 million to the local economy and adds $274,457 to Spartanburg's economy for every house built. Collectively, our homeonwers have an impact of $75,000 in paid property taxes annually.
To learn more about Habitat Spartanburg's impact, read the entire Economic Impact Study here.