Southern Indiana residents who lost their homes to tornadoes earlier this spring received some great news last Friday: they learned that Habitat for Humanity has made plans to build nine houses in Madison, IN, on 1.25 acres of former city property, which has recently been rezoned.
The goal is to have families living in those homes by Thanksgiving, 2012.
So far, no families have qualified to purchase one of the houses, but the organization is receiving referrals from other aid organizations who work with people who were displaced by the tornadoes in March.
According to a Habitat for Humanity spokesperson, each of the houses will have three to five bedrooms, and will be valued between $85,000 and $140,000. The qualified buyers will be paying significantly less than that, because the program is designed to subsidize their purchase prices, but they will have to buy insurance.