[eastcobb]

Truth be told, Habitat For Humanity shouldn't try to build in million dollar neighborhoods. The people who would live in these HFH homes probably can't afford to live in that area anyway.

[Poodlebrain]

"Truth be told, Habitat For Humanity shouldn't try to build in million dollar neighborhoods. The people who would live in these HFH homes probably can't afford to live in that area anyway."

I'd be willing to bet the HFH homes will appreciate in value, the lucky occupants will be inundated with offers from prospective buyers as soon as any resale restrictions lapse, and the homes will be sold for substantially more than they cost to build by the HFH chosen occupants who want to cash in their newfound wealth. The local residents might have more success challenging the restrictive clauses HFH puts in the contracts regarding proceeds from the sale of the homes and length of occupancy.

[uptoolate]

Can you imagine the first tax bill?

You build a $75000 home in a 1-2 million dollar area. The assessment will be huge!

[L98Fiero]

"Truth be told, Habitat For Humanity shouldn't try to build in million dollar neighborhoods."

Why not? /s

All the HFH resident has to do is move in, stay a while then sell for a tidy profit, since the area is so desirable. It has the appearance of charity housing program but turns into a charity investment program.

[zylphed]

Actually, Marin county, outside of the housing costs, is slightly cheaper than a lot of the Bay Area. So it's probably a good place to put indigent people that want to stay around SF.