#build828

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Become a member of #build828, a monthly giving club, to support Asheville Habitat’s work of building and repairing affordable housing in Buncombe County.

Got $10? Consider a monthly donation.

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by Greta Bush

Do you ever look at your credit card bill and wonder how it got to be so high? You didn’t make any major purchases. Then you look closely…$10 spent on a whim here, $6 spent there…it adds up! I, for one, can’t be trusted to walk into Target without a strict list or my husband holding onto my hand. (I kid! Sort of…) Everything is so pretty…so innovative…so alluring. And priced at that sweet spot! Meanwhile, I get to the checkout and immediately regret my life choices.

Think about how easily you spend $10 a month on consumer products without even realizing it. Now, consider making an intentional choice to make a recurring donation of $10 a month to Habitat! Asheville Area Habitat for Humanity builds affordable, energy-efficient homes and sells them to qualified buyers at no-profit. A monthly donation to Habitat’s #build828 sustained giving club will help Habitat raise money for this cause.

We’re all guilty of blowing cash from time to time. Here are some examples of how easily that money slips from our wallets…but would be put to better use supporting Asheville Habitat:

  1. Target

Let’s get real. Who only spends $10 on a Target run? Help build a house rather than filling yours with stuff from the Dollar Spot.

  1. Starbucks

$10 = 2 venti caramel macchiatos. Coffee tastes sweeter made in your own home—donate your money to Habitat to help keep housing affordable!

  1. Netflix

$10 is the cost of a monthly subscription. Rather than watching a family on reality TV, help change a real family’s future with a monthly donation to Habitat for Humanity.

Speaking of Netflix…

  1. T-mobile

Your Netflix subscription is included if you have T-mobile…so you’ve got an EXTRA $10 a month! Why not donate that money to a good cause?

  1. Spotify

$10 is the cost of a monthly subscription. Create a new soundtrack filled with the sound of kids playing safely outside in their Habitat neighborhood.

If this is ringing even a little bit true for you, click the button. Set it and forget it. #build828 is the kind of recurring spending we can all get behind!

 

What One Asheville Woman is doing About Gentrification

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By Greta Bush

As Asheville continues to land on national “Best of” lists, it is experiencing tremendous growth, and with that comes gentrification. In this article, we focus on why gentrification can be a problem and how one young woman is making an effort to prevent it.

 

Kate Rasche moved to Asheville seven years ago to start a new job, unaware that her move could be tied to the growing gentrification affecting the city. She quickly fell in love with Asheville’s eclectic culture and creative vibe. She is grateful to have bought her house in west Asheville in 2012, just before housing prices began recovering from the 2008 crash. Three years later, a short supply and an influx of growth led the city to announce it had an affordable housing crisis.

She feels lucky for her good timing and is now acutely aware that she has contributed to the housing shortage. Kate wanted to join the community, not change it. She never intended to drive up property values and push out lower earners!

Kate wanted to do something to counteract the rapid gentrification in Asheville, and that’s why she joined Asheville Habitat’s #build828 club. Donating a small amount every month is her way to support income diversity and prevent gentrification that pushes people out.

What is Gentrification?

Gentrification occurs when lower cost neighborhoods start to attract wealthier residents. As a result, this can drive up house prices and rents, and drive out long time, lower income residents such as local artists. Gentrification often has a larger impact on ethnic and racial minorities. It always changes the social character of a neighborhood.

The positive side of the process is that homeowners are invested in their neighborhoods. Therefore, they repair or rebuild homes that had been neglected or open businesses in areas that might not have had them.

Why Habitat, and Why #build828?

Kate recognizes that it’s the people who make Asheville the city that she loves. The artists, musicians, and wait staff in this foodie mecca add to the culture, but are often lower earners. Consequently, without supporting those who tend to earn less, the city’s character won’t be preserved. Homeownership is a key to housing stability, and for Kate, “is part of the American dream…having a piece of the world to call your own.”

Originally from Knoxville, TN, Kate had previous experience with Habitat for Humanity in high school. She volunteered with Habitat through a school club and even took a trip to Americus, GA with the group. That’s where she learned about Habitat’s roots. Kate knew Habitat provided stable housing for people with low incomes, and she trusted the organization.

A few months ago, a quick Google search led her to Asheville Area Habitat for Humanity’s #build828 club. It’s a sustained giving club whose members make regular monthly donations. #build828 is a way to answer the affordable housing need and members enjoy benefits like an annual 40% off coupon to the Habitat ReStore! Kate decided that joining could be a way of “shoring up the community that she is a part of.”

Kate’s reasons for joining #build828 made sense:

  • From her administrative work experience, Kate understands the value of regular contributions. It helps any organization to plan ahead and keep their fundraising goals on track.
  • Kate didn’t have a big chunk of money to make a one-time donation. Signing up to make small monthly donations could really make a difference for Habitat and would better fit her situation.
  • She knew that if she were to buy or rent property now, her monthly payments would be much higher. So she felt a call to donate some of the money she is able to save every month to #build828. It’s her way to help others afford homeownership and combat the effects of gentrification.

Habitat for Humanity’s Role

Habitat for Humanity builds and repairs homes—so why is that work not contributing to gentrification? First, Habitat repairs homes so that lower-income residents can stay in their home even as the costs of homeownership rise. Second, Habitat builds affordable new homes in partnership with low-income qualifying buyers so that working class folks can achieve homeownership. Often, the cost of an Asheville Habitat mortgage is less than what the buyer had previously been paying in rent.

Habitat homeowners are artists, bus drivers, food service employees, social workers, healthcare staff, musicians, and more. They contribute to the heart and soul of Asheville’s creative and welcoming vibe. If you’re interested in supporting Habitat’s work and helping more of our neighbors build better futures in the foundation of stable, affordable housing, consider joining the #build828 movement.

Why does Kate think gentrification is a problem?

  • She loves the character of her neighborhood, where an artist lives across the street from her and the creativity in West Asheville is palpable at nearly every turn.
  • She’s worried that rising rents and home costs will force creatives to be unable to live here for much longer. While their contributions to our city’s culture are rich, their work tends to bring in lower wages.
  • She knows this is already happening. Such is the case with “Abby the Spoon Lady” (real name Abby Roach) a downtown performer who declared at a June 2019 City Council meeting that Asheville’s growth is pushing out musicians and artists, including herself. Abby said this would be her last summer in Asheville.

Join the Movement!

If you’re looking for a way to counteract the effects of gentrification, consider joining Asheville Habitat’s #build828 movement! Even $10 a month, the cost of a Netflix subscription, makes a difference. And, the more people who join, the bigger the impact! Not able to give yet? Help us spread the word and consider sharing Kate’s story with a friend. Have your own story to tell? Let us know.

 

Dancing, Singing and Celebrating Women Build

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By Sydney Monshaw

Third Annual Rock the House: A Downtown Event to Celebrate Women, Construction, and Asheville Area Habitat for Humanity       

Tuton Hall at Trinity Episcopal Church certainly was rockin’ on Saturday, March 23rd in celebration of Asheville Area Habitat for Humanity’s 14th Women Build House! In it’s third year, Rock The House provided a great opportunity to dance, sing, donate, and celebrate. This year’s Women Build House, of which the footers were poured last month, is financially supported thanks to this event and many generous sponsors and donors— and that is truly something to sing about!

For the last three years, the WomBATs (Women Build Advocacy Team) have thrown this event full of joy and love to fundraise for the Women Build House and celebrate the future homebuyer. There is live music provided by The Flashbacks, a group whose repertoire includes all of the fun classics that get folks out on the dance floor within the first few bars. There is delicious food, catered by Habitat’s own Alice Donnelly, which this year featured an antipasto bar, pulled pork sandwiches, and drool-worthy veggie sliders. And, two free drinks are provided thanks to generously donated wine from The Biltmore Company and beer from Catawba Brewing Co.

When the music starts, energy of fellowship and generosity fills Rock the House, in whatever space it’s in, to every nook and cranny. No matter where the event takes place – the warehouse at the Habitat office in 2017, The Crest Center in 2018, or Tuton Hall this year – the fun and excitement are rockin’ and the gifts for the Women Build House are incredible. This year the WomBATs calculated nearly $7,000 in donations from the one night event. With just over one hundred attendees, this number proves the generosity of those involved. With those contributions, the 2019 Women Build House is now within $10,000 of being fully funded. If you would like to help get us to the finish line, please click here to donate now.

This year’s build will officially begin on Tuesday, May 7th , with the construction of a townhome in our Curry Court neighborhood in Candler! This is a fantastic opportunity for new volunteers, especially women, to feel empowered on a construction site and supported in learning a host of useful skills. If you enjoyed Rock the House and the energy of the WomBATs, you will love building alongside them and the incredible staff at Habitat.

Click here to see a few photos from the event.

To stay up to date on Women Build and Asheville Habitat in general, be sure to follow us on facebook and Instagram, check out website regularly, and subscribe to our e-newsletters. Thank you!

Businesses That Build Homes and Communities

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By Zoe Trout & Beth Russo

We love our business community!

Local businesses know that our entire community is stronger when residents – and employees – have decent and affordable housing. We see this throughout the year at Asheville Area Habitat for Humanity, but never more so than when building the Business Bungalow.

The fourth Business Bungalow started construction last week, and is a house sponsored by local companies of all sizes. Longtime supporters Eaton Corporation launched this year’s Business Bungalow with a $20,000 challenge gift. In their 11th year of sponsorship, Eaton made this gift and encouraged other businesses to get involved at any level. Business Bungalow 4 has raised more than $52,000 so far, with over 40 businesses participating!

This house sponsorship includes all size businesses (from very small to very large), who band together to help build an affordable, energy efficient home. Restaurants like Copper Crown give a percentage of their proceeds from one evening of sales, while Rezaz is running specials throughout the month of March to support this build.

Other companies, like Blue Ridge Orthodontics, use their sponsorship support to bring their employees from the office out to a Habitat jobsite to share a team building experience volunteering to build this house.

The financial support that local businesses provide – whether as a Housing Champion, Blueprint Sponsor or at a higher level – helps make Habitat homes affordable. Every dollar adds up to an affordable Green Built home that a deserving family will purchase. Asheville Habitat is proud to collaborate with so many local businesses to make affordable homeownership within reach for more local families. Click here to see all of our wonderful sponsors! We are especially excited that this year’s Business Bungalow is the first townhome built in our 36-year history. Now offering a mix of housing types, this is another way Habitat is working to create even more affordable homeownership opportunities for folks that live and work in Buncombe County.

If you are interested in joining this diverse group of businesses please contact Beth Russo at brusso@ashevillehabitat.org for more information. Thank you!

Is a Qualifying Charitable Distribution (QCD) Right for You?

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By Skip Helms, Asheville Habitat Legacy Builders Society Member, former Asheville Habitat Board Member, and President of Helms Wealth Management, LLC

As the end of the year approaches, we want to proactively thank you for considering Asheville Area Habitat for Humanity in your giving budget. We appreciate your generosity and will always use your gifts wisely.

Donors over the age of 70 ½ now have some new opportunities. For many years, the tax code has allowed people over that tender age to transfer up to $100,000 a year from their Individual Retirement Accounts (IRAs) to qualifying charities like Habitat. The gift is a direct pass-through. The charity gets all of the money and there are no taxes due.

People over 70 have to take Required Minimum Distributions (RMDs) from their account every year. If you transfer some or all of that mandatory withdrawal to a qualifying charity, it isn’t considered taxable income.

The provision is called the Qualifying Charitable Distribution (QCD) and donors have been using it for some time now. Recent tax law changes just made it much more important.

The standard deduction has doubled from $6,000 to $12,000 per person or $24,000 for couples. That’s good news. Only about 5% of Americans will still itemize their deductions this year.

Donors over age 70 can increase their tax savings by carefully choosing which account to use for gifts. They still have to take required IRA distributions. If they will be better off using the standard deduction and not itemizing their charitable gifts, giving through their IRA keeps that portion of those withdrawals from becoming taxable income. It’s almost like deducting it twice by checking a different box on the distribution form. Here’s a short example:

You only ever own most of an IRA.  The government owns the rest. You have to pay them their share when you spend it, or your family has to pay them later.  But if you give your portion to charity, you can give them the government’s money too.

That makes IRAs attractive for current giving. It makes them great for legacy planning since your family will get an updated cost basis on your other assets.

Asheville Area Habitat for Humanity can do wonderful things with your generous gift but we are not financial or tax planners. We encourage you to speak with qualified advisors who know your situation. Please call Kit Rains at 828.210.9365 to let us know how we can help.

Thank you again for thinking of Asheville Area Habitat for Humanity and we hope you will forward this link to friends who have questions about supporting Habitat or other great organizations.