This document is a case statement from Habitat for Humanity serving Winona County. It presents the housing crisis in Winona, including data on housing stock, cost burden, and aging homes. It describes the organization's work, including new construction, home repairs, and the ReStore. The document details financials, impact metrics, and a specific ask for $250,000 to fund the Hilbert Street Twin…
This is a fundraising case statement from Habitat for Humanity serving Winona County. It is directed at potential donors, community partners, and supporters interested in affordable housing solutions in the Winona area.
The document opens by defining the housing problem in Winona, citing a need for 720 additional housing units. It provides data on renter and homeowner cost burden, noting that 27% of renters are rent burdened and 17% are severely rent burdened. It also highlights that 29% of Winona's housing stock was built before 1939, requiring costly repairs.
It then describes the organization's work, including serving households up to 80% area median income. The document lists completed projects: 56 homes and nearly 350 home repairs. It explains the new construction and home repair programs, emphasizing sweat equity and affordable mortgages. The ReStore is also mentioned for diverting waste and generating revenue.
Impact metrics are presented: 59 homes built, 33 active homeowners, 23% BIPOC homeownership, over 400 repairs, 900,000 pounds of trash diverted annually, and 113 children impacted by new homes.
Financial information for fiscal year 25 is provided, showing total income of $1,461,907 and expenses of $1,492,149. Program revenue is $755,054, contributions and grants are $700,034, and other income is $6,819. Expenses include program costs of $958,318, compensation of $533,831, and fundraising of $64,611.
The case statement concludes with a specific ask for $250,000 to fund the Hilbert Street Twin Home development in Winona, which will create two affordable homeownership opportunities. Giving levels are outlined, ranging from Friend ($1,000-$5,000) to Pillar of Hope ($75,001-$100,000+), with donor recognition on a public display at the ReStore.