Investing in the Power of Hope

Making Washington County, NC
Affordable Homeownership a Reality

Homeownership is an essential aspect of the American Dream. It provides benefits like stability, security, independence, and wealth-building opportunities for families. However, homeownership has become more elusive to many hardworking low-income families due to a lack of housing stock, high interest rates, and down payment requirements. That’s where The Easter Project comes in.

The Easter Project of Washington County, NC, works with faith communities and private and public sector groups to provide affordable starter homes for hardworking families. Our unwavering faith inspires us to solve the rural housing crisis while offering empowering support to our neighbors who need it the most.

At the Easter Project, we sow seeds of love by giving individuals and households opportunities to purchase a renovated home. This not only offers a home but also builds a foundation of strength, self-reliance, and hope for a better future within our growing community. Our work is a living testament to the transformative power of collective action and compassion.

The Benefits of Homeownership

Homeownership Builds Successful Children: Compared to the children of renters of the same age, income, race, etc., the children of homeowners:

Are 25% more likely to graduate from high school
Are 116% more likely to graduate from college
Are 20% less likely to become teenage mothers
Have 9% higher math scores
Have 7% higher reading scores
Have 3% fewer behavior problems
Are 59% more likely to own a home within 10 years of moving from parent's household

Homeownership Builds Wealth of Low-income Families:
Compared to renters of the same age, income, race, etc., homeowners:

Are 12 times wealthier
Have 66% of their wealth in their homes
accumulate an average of $44,000 in home equity during the first 10 years of homeownership (wealth that becomes the basis for first-generation college graduates and small business owner

Homeownership Builds Stronger Families

Are 10% more likely to attend church
Are 15% more likely to Vote
Are 16% more likely to belong to parent-teacher organizations, block clubs, etc.
Are less likely to have alcohol and substance abuse problems