July 28, 2005

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The ultimate goal of Habitat for Humanity is
to eliminate poverty housing and homelessness
from the face of the earth by building adequate
and basic housing. Furthermore, all of our words
and actions are for the ultimate purpose of
putting shelter on the hearts and minds of people
in such a powerful way that poverty housing and
homelessness become socially, politically and
religiously unacceptable in our nations and world.

• July 28, 2005

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• Chesapeake Habitat and Baltimore City
• A. The Effects of Project 5000
• II. CHFH as a Developer
• A. Growing Capacity
• B. Homebuilding Cycle
• CHFH as a Nonprofit
• A. Finances
• 1. Revenue Building-TeamBuilds
• 2. Revenue Building-HabiPainters
• B. Community Relations
• 1. Code Enforcement
• 2. Homeowners Development Association
• 3. Chesapeake Matched Savings Accounts
• CHFH as a Mortgage Company
• V. Economic Impacts
• A. Recorded Impacts
• B. Future Impacts
• C. Visual Impact

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• Chesapeake Habitat
• and
• Baltimore City
• A. The Effects of Project 5000

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and Baltimore CityA Partnership That
Strengthens Baltimore

• A. The Effects of Project 5000
• Our ability to continue at the rate of at least
  13 houses per year is contingent on the success
  of Project 5000.
• Baltimore City enables us to buy properties at
  below-market prices
• In exchange, CHFH ensures that the house remains
  affordable for 5 years

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II. CHFH As A Developer A. Growing Capacity B.
Homebuilding Cycle
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As A Developer

• A. Growing Capacity
• 99 homes rehabilitated by CHFH
• In fiscal year 2005, CHFH completed 13 houses
• In the last five years, our average house
  production has increased 30
• (from 10 to 13 houses)
• The goal for 2006 is 16 houses
• Recent Capacity Building Will Allow Quicker
  Growth
• New Warehouse
• SureTrak

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Property Acquisition

• As A Developer

B. Homebuilding Cycle
Construction
Sale of Home
Sweat Equity
Family Selection
Dedication
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Property Acquisition
Construction
Sale of Home
Sweat Equity
Family Selection
Dedication

• Property Acquisition
• Strategic Site Selection To Maximize Impact
• i.e. 19 Properties on Montpelier Street in
  Better Waverly
• 15 Properties on Cator Avenue in Pen
  Lucy
• Construction
• Demolition (Volunteers)
• Framing (Volunteers)
• HVAC, Electrical, Plumbing (Subcontractors)
• Drywall (Volunteers)
• Paint/Trim/Finishing (Volunteers)
• Family Selection
• Three Criteria
• 1. Need For Adequate Housing
• i.e. overcrowded, disproportionately high rent,
  ill-maintained property, unsafe area
• 2 A stable take-home income of between 25-50 of
  the median Baltimore income
• 1 person 12,000-24,000, 4 people
  17,150-34,300

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Property Acquisition
Construction
Sale of Home
Sweat Equity
Family Selection
Dedication

• Sweat Equity
• Homeowner Families must complete 300 hours of
  sweat equity on our construction sites
• CHFH provides a hand up, not a hand-out
• Dedication
• Gathering to celebrate the accomplishments of the
  new Homeowner, House Sponsors, Volunteers, and
  CHFH staff
• Sale of Home
• When construction is complete, the house goes to
  settlement
• Incoming mortgage payments to CHFH serve as a
  revolving fund to support more house
  rehabilitations
• Average mortgage payment is between 350-450 per
  month

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507 Rose Hill Terrace, Before and After
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• III. CHFH as a Nonprofit
• Finances
• Revenue Building-TeamBuilds
• Revenue Building-HabiPainters
• Community Relations
• Code Enforcement
• Homeowners Development Association
• Chesapeake Matched Savings Accounts

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as a Nonprofit

• A. Finances
• 1.9 Million Annual Budget
• 240,000 per annum in mortgage receivables
• 3.5 million in mortgage assets

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as a Nonprofit

• 1. Revenue Capacity
• TeamBuilds
• CHFH hosts up to ten people for a structured,
  fee-based, day-long session of home-building
• Structured day is designed and facilitated by
  organizational development professionals to tap
  into employees' capabilities for teamwork,
  resulting in higher profits for the company.
• Participants maximize their company's potential
  while directly contributing to Chesapeake
  Habitat's mission of bringing affordable housing
  to low-income families in Baltimore.  
• Featured in national publications, such as USA
  Today and Entrepreneur Magazine, and local
  newspapers, such as the Baltimore Sun and the
  Daily Record

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as a Nonprofit

• 2. Revenue Capacity
• HabiPainters
• Interior residential painting
• service staffed by volunteers
• Professional supervisor works
• with volunteers of all ages
• Customers are guaranteed a
• professional painting job, and their
• payments go directly to supporting
• Chesapeake Habitats mission

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as a Nonprofit

• B. Community Relations
• 1. Code Enforcement
• 2. Homeowners Development Association
• 3. Chesapeake Matched Savings Accounts

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as a Nonprofit

• 1. Community Relations
• Code Enforcement
• Community Outreach Coordinator helps to make
  neighborhoods safer by educating neighbors about
  city regulations and reporting code violations,
  crime, and other safety issues.

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as a Nonprofit

• 2. Community Relations
• Homeowners Development Association
• The group meets to discuss community and
  homeownership issues.
• We build political and social capital among our
  growing list of homeowner families.
• Homeowners can address job networking, education,
  and neighborhood events.

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as a Nonprofit

• 3. Community Relations
• Chesapeake Matched Savings Accounts
• Participants save 42 per month in a structured
  two-year program, saving a total of 1,000.
• Once complete, the savings will be matched 11
  through donations received for the program.
• By 2007, at least 16 homeowners will each have
  2,000 available for one of the four following
  goals education, startup money for a business,
  home improvements, or retirement.
• We offer incentives to save and create a culture
  of saving.

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• CHFH as a
• Mortgage Company

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As A Mortgage Company
CHFH Builds More Houses

• House Sponsorship 70,000

House Rehabilitated with Funding
Home is Sold to Family with a 0 Interest Mortgage
Mortgage Owned and Serviced by CHFH
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• V. Economic Impact of Chesapeake Habitat for
  Humanity
• A. Recorded Impacts
• Future Impacts
• Visual Impact -- Cator Avenue Vacant Properties

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• A. Recorded Impacts
• By rehabilitating 89 homes, CHFH has generated
• the creation of 115 jobs
• nearly 3.8 million in income
• over 9 million in business sales 
• The spending of client households supports
• 31 permanent jobs
• nearly 800,000 in annual income
• over 2.3 million in business sales
• Most of this value is captured by city
  businesses. 
• CHFH activities have also generated nearly
  three-quarters of a million dollars (728,655) in
  identifiable tax revenues for the City of
  Baltimore and State of Maryland.

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B. Future Impacts will be even
greater! Because Chesapeake Habitat is stepping
up its activities, future economic impact will be
even more consequential.  On an annual basis,
CHFHs activities will support over 24 jobs in
the local economy, even more when its own staff
is considered.  Income supported by these jobs
will approach 800,000, and annual business sales
will be augmented by over 1.9 million. 
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C. Cator Avenue Vacant Properties
Vacant Properties on Cator Avenue as of July 2003
28 Vacant Properties
743 Cator 749 Cator 751 Cator 753 Cator 755
Cator 801 Cator 803 Cator 810 Cator 814 Cator 816
Cator 818 Cator 821 Cator 825 Cator 934 Cator
607 Cator 618 Cator 620 Cator 627 Cator 635
Cator 637 Cator 703 Cator 705 Cator 710 Cator 712
Cator 719 Cator 720 Cator 722 Cator 739 Cator

• Vacant Properties on Cator Avenue as of July 2005

17 Vacant Properties
800 Cator 801 Cator 809 Cator 810 Cator 816
Cator 818 Cator 820 Cator 825 Cator
605 Cator 622 Cator 635 Cator 637 Cator 710
Cator 719 Cator 722 Cator 743 Cator 755 Cator
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Imagine the Potential
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3326 Keswick Road Baltimore, MD 21211 Phone
410-366-1250 Fax [phone] Email
Mike_at_chesapeakehfh.org Website
www.chesapeakehfh.org