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Setty Partners with Habitat for Humanity
Engineering firm donates services for new affordable townhome project
By: Setty & Associates
Design services for the five new 1,400 sf, 3 bedroom townhomes are being provided by Wiencek + Associates, Dewberry and Setty. Setty is providing MEP/FP design engineering services for the homes, which will be constructed to earn Earthcraft Gold certification. Additionally, through a partnership with Grid Alternatives, the townhomes will include solar panels. The energy efficiency of the homes will lower the homeowner’s energy costs, helping maintain affordability while providing residents with a healthy living environment.
The townhomes will be sold at cost of construction to qualified families who earn 30%- 80% of the area median income (AMI). Families must have adequate income for a down payment and monthly mortgage payments; 30 yr, 0% mortgage. Homeowners are selected through an extensive application process designed to find partner families who will succeed in a HabitatNOVA home. The application process seeks to determine the applicant’s financial need and willingness to partner. Once selected, the partner families must complete 300-400 hours of “sweat equity” in the building of their home and other HabitatNOVA homes.
The City of Alexandria faces a severe shortage of affordable housing due to sharply increasing real estate costs and regional development pressures over the past decade. Since 2000, there have been dramatic declines in market affordable rental units and opportunities for affordable homeownership by low and moderate income individuals and families. The Stevenson Ave development will provide five homeownership opportunities for families to live in the City of Alexandria. This opportunity is made possible through the generous support of donors and volunteers.
About Habitat for Humanity of Northern Virginia
Habitat for Humanity of Northern Virginia brings our community together to build decent, affordable housing – and hope – for people in need. Habitat provides a “hand up” to home ownership through sweat equity, donor generosity, volunteer labor, and interest-free mortgages.
Habitat for Humanity of Northern Virginia works to build, educate, and advocate within the Northern Virginia community and beyond to eliminate substandard housing and help make affordable housing a reality for families in need. It is our mission to draw together the time, talent and resources of our community to build decent, affordable homeownership opportunities in Northern Virginia.