Eight families recently moved in to the homes they built through CAP’s Self Help Housing Program.
Last Friday, 8 more families became homeowners the old fashioned way—they built their homes— through CAP’s Self-Help Housing Program.
Over the past year, each family put in 30 hours a week working on their own home as well as the homes of the other families in the housing development in Castle Rock. CAP construction supervisors guided them through all stages of the work.
Susie Valera (2nd row in black) from USDA Rural Development was on hand to tour the new homes and to congratulate the families.
The program helps moderate to low income families secure loans and provide “sweat equity” in place of a down payment.
The program also benefits the greater community since each household will being paying an average of $1675 per year in taxes.
403 families have built their home through this program, and another 5 families are currently working on their homes.