HomeStretch Nonprofit Housing Corporation

Mission Statement

Build affordable housing.

Brief History

In the early 90's, the Traverse Bay Area Human Services Coordinating Council identified the shortage of affordable housing as a growing regional problem. The Council's Affordable Housing Task Force obtained a grant from Rotary Charities of Traverse City to complete a comprehensive housing needs assessment for the Traverse City Area including the counties of Antrim, Benzie, Grand Traverse, Kalkaska and Leelanau. The Housing Needs Study-Traverse City Area revealed a severe lack of affordable housing and characterized the situation as an "affordable housing crisis." The study recommended that a community-based regional housing development organization be formed to identify and acquire the technical and financial resources needed to build affordable housing. The task force incorporated HomeStretch in 1996. Homestretch became a Community Land Trust in 2004. This unique form of homeownership preserves the public investment in affordable housing and provides low-income homebuyers the opportunity to purchase homes at prices well below market rate. To date, HomeStretch has developed and acquired a total of seventy-two housing units, which represents an investment of over $9.1 million.

Goals

HomeStretch is committed to providing quality-built housing affordable to low-income working families and special needs housing for the homeless and persons requiring supportive services.

Volunteer Opportunities

Service on the Board of Directors, membership development, fundraising, and office assistance. Please contact our office at 231-947-6001 for further details.

Giving Opportunities

There is a growing and urgent need for affordable housing in the Traverse City area. Your donation will help strengthen communities one family at a time. All gifts are tax deductible. HomeStretch is a 501(c)(3) Community Housing Development Organization.

• Cash Contributions: Contributions can be made by check payable to HomeStretch. Donations greater than $25 automatically provides Community Land Trust membership. See our website, www.homestretchhousing.org, for various levels of membership.
• Gifts of Stock: Making a stock gift to HomeStretch can provide valuable tax benefits for you while helping working families and communities throughout the Grand Traverse region.
• Real Estate: One of the biggest barriers HomeStretch continually faces is the purchasing of affordable vacant land. Through a real estate appraisal, a fair market rate value is determined and used as your charitable contribution to our organization.
• Planned Giving: Making a commitment to HomeStretch in your will or other estate plan is an effective way to ensure that critical services are provided in your name to low-income families for generations to come. A Planned Gift allows you to keep your assets during your lifetime while taking comfort in the fact that you have made a commitment to help low-income children and families.

Donate Now!