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ABOUT US
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PROBLEMS
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SOLUTIONS
NEIGHBORHOOD BLIGHT
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2000 lots or structures are in deliquent tax status in Allen County: (US Census Bureau 2017)
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25% of all housing structures in Allen County are condenned or dillapidated (Allen County Housing Authority)
COMMUNITYRENEWAL & REVITALIZATION
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Increase home ownership results in increased property values
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ride of ownership & financial stake in well-being of community
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lower crime and drug usgage among children of homeowners (Fed,Res survey of Consumer Finances 2017)
NO HOME, NO PLACE, NO HOPE
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Families with children are the fastest growing slice off the homeless population and comprise 33% of the homeless population (US Conference of Mayors 2005)
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15% of the population for whom poverty status is determined in Allen County, Ohio 15.1k out of 100k people live below the poverty line, a number higher than that of national average of 13.4%
TEMPORARY HOUSING & FINANCIAL LITERACY EDUCATION
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The Ascension program provides stable, temporary housing for those in need.
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Instruction on budgeting, establishing and rebuildig credit and creating personal waelth.
THE COST OF RENTING
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Average median household income is $47,905 (data USA 2017)
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Lima Ohio median gross rent $636 (2017)
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in 2017, 3343% of households were renters (Census ACS data)
THE COMMUNAL & GENRATIONAL BENEFITS OF HOME OWNERSHIP
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Provides financial stability with predictable payments & valuable assets.
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Median Lima homes sale price was $64k with average payment of $360: well below most rentals (West Central Board of Realtors)
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Sustainable home ownership provides for wealth accumulation (Fed. Res. Survey of Consumer Finances 2017)