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ABOUT IT!
CFH is lead in
the Prince William County/Manassas NSP Consortium Homeownership
Initiative.
Click the STAR
to learn more about what CFH is doing to help make affordable housing
reality.
News and Special Events
CFH Silent Auction
Catholics
for Housing held a unique Silent Auction to benefit CFH
housing programs. Proceeds from the auction assisted “hometown
heroes” to become homeowners. Police , fire and rescue
techs, public and parochial school teachers are people who serve us every day. To
assist each to purchase a home close in the community close to where
they are employed and where they serve costs about $20,000. This is an opportunity to replicate the
success of Southbridge and Linton Hall Manor.
The
Virginia Ely Senior Rental Assistance Program allows seniors to continue
to live independently and to enjoy this part of their lives. The
average monthly cost of a rental subsidy is $300. The annual cost of
$3,600 is less than the cost of one month at an assisted living
facility. With your help, the seniors in Fairfax County-owned
retirement facilities can live in dignity.
Your
support has provided security deposit assistance to 46 recipients during
FY 2008. The Edie Streett program has been providing assistance for 20
years to move individuals and families from homeless situations to
permanent rental homes. Two hundred dollars helps one recipient move
out of a homeless situation.
The Silent
Auction was be held on line via this website and at the Linton Hall
Closing Celebration.
______________________________________
Support CFH through Fannie Mae
Walk-a-thon
Catholics for
Housing was again selected as a beneficiary of the Fannie Mae Help
the Homeless Walkathon. The November 2008 Walkathon brought
$11,122.87 in donations to Catholics for Housing.
Thanks for your
support,
Karen DeVito ,
Executive Director
______________________________________
Three
Decades Exhibits Growing Dynamics in Housing
Housing Costs, 1973 -
2005
·
Housing
costs for renters increased. In 1973, 23 percent of renters paid 35
percent or more of their income for housing costs; by 2005. 41 percent
of renters did so.
·
Housing
costs for owners increased. In 1974, 8 percent of owners paid 35 percent
or more of their income for housing costs; by 2005, 22 percent of owners
did so.
·
The
ratio of home value to income increased in two phases. From 1973 to
1979, the ratio increased from 2.1 to 2.5. It reached a plateau at 2.3
from 1985 to 1999. Then, by 2005, the ratio rose sharply
to 3.1.
Characteristics of
American Householders,
1973 - 2005
·
- More
Americans became homeowners. The homeownership rate rose from 64.4 to
68.8 percent.
·
- The
composition of households changed. In 1973, approximately 2 out of 3
were married-couple families; by 2005, this ratio fell to lout of 2.
·
- The
median household size dropped from 2.5 persons to 2.2 persons. Large
households decreased. Households with 5 or more members represented 18
percent of all households in 1973, but only 10 percent by 2005.
·
-
Households with children decreased. From 1973 to 2005, the percentage
dropped from 43 percent to 35 percent of all households.
·
-
Elderly householders aged 65 and over accounted for 20 percent of those
occupying the nation's housing stock in 1973, and that percentage
remained constant in 2005. - -There was, however, a slight increase in
the proportion of those over 75.
·
-
Householders traveled slightly longer and further to get to work. The
median commuting time increased from 19 minutes in 1974 to 22 minutes in
2005; the median commuting distance increased from 8 to 11 miles.
A direct link to 32
Years of Housing Data can be found at
www.huduser.org/datasets/ahs/AHS_taskC.pdf, The report can be
downloaded at no cost. Public use files to obtain information and
analyses of the relationship between household characteristics and
housing can be found at www.huduser.org/datasets/ahs.htm.
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