FUND RAISING FOR REAL ESTATE CONSTRUCTION

With the high cost of land and homes in Franklin County, property acquisition has always been the greatest challenge we face. Without land, we cannot build and if we cannot build, we cannot achieve our goal of eliminating poverty housing and homelessness.

A charitable gift of land or of an existing home enables us to continue helping families in need and it provides you, the donor, with an opportunity for tax savings. A gift of real estate owned for more than one year entitles you to a charitable deduction for the full market value at the time the gift is made. Additionally, if the real estate has appreciated, you avoid a capital gains tax on the appreciation.

Morris Habitat also welcomes offers from property owners seeking to sell real estate at a substantial discount. The following are our criteria for property acquisition:

• Property located in or near Morris County.
• Reasonable acquisition cost. There may be some flexibility on price depending on condition of the lot or of the existing home and on the number of homes we can build.
• Manageable topographical issues (e.g., wetlands, slope, trees).
• The availability of public sewer, water and utilities.
• Close proximity to public transportation is preferable.
• Minimal environmental concerns.Your Decision to aid those in need and have a hand in this great mission of abolishing Homelessness and Poverty will be rewarded a thousand folds in ways that you may not imagine.Thank You as you continue to impact Lives and Families.