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• Twin Cities Habifacts <br /> • A homeowner works between 300 and 500 sweat equity hours before moving <br /> into a Twin Cities Habitat home. <br /> • Twin Cities Habitat has built or rehab-ed 400 homes since 1985. <br /> • The average monthly payment for a Twin Cities Habitat home, including <br /> mortgage, insurance, taxes, and maintenance escrow is $450-$550. <br /> • The estimated number of Habitat homes to be completed in the Twin Cities in <br /> fiscal year 2001-02 is 69. By 2003, we plan to complete 80 homes per year. <br /> • Twin Cities Habitat plans to construct 300 homes from 1998 - 2003. <br /> • Nearly 2000 individuals were living in Twin Cities Habitat homes by the end of <br /> 2001 <br /> • More than 250 congregations currently partner with Twin Cities Habitat. <br /> • Twin Cities Habitat is currently ranked among the top five U.S. Habitat <br /> affiliates in number of homes built. <br /> .1„ ` Did you know...The average cost to build a Habitat home in the United States in <br /> 4 ; <br /> 1, 1 2000, excluding and and permits, was $48,585. <br /> G Win , <br /> 0 <br /> I Mortgage Foreclosure Prevention <br /> ■ Program <br /> • <br /> pita , <br /> About MFPP I Applying to MFPP I Other Organizations <br /> About MFPP <br /> Program Goals <br /> • Stabilize households <br /> • Stabilize neighborhoods <br /> • Preserve public and private resources <br /> History <br /> Twin Cities Habitat for Humanity's Mortgage Foreclosure Prevention Program was <br /> established in July 1993. Keeping families in their homes is a perfect adjunct to <br /> Habitat's traditional homeownership program. Our Mortgage Foreclosure Prevention <br /> Program was taken from a concept originated at Northside Residents Redevelopment <br /> Council (NRRC) in Minneapolis, Minnesota and developed, with funding from the <br /> Family Housing Fund and Northwest Area Foundation. The program was piloted in St. <br /> Paul, Minnesota, Iowa, Idaho and Oregon. As part of this pilot project in 1993 our <br /> • program serviced an area in South Minneapolis in which foreclosures were rising <br /> dramatically. In addition to families losing their homes, the possibility of horn es lying <br /> vacant and being vandalized after foreclosure negatively impacted the larger <br />