key term - Habitat for Humanity

Definition

Habitat for Humanity is a global nonprofit organization dedicated to building, renovating, and repairing affordable housing for low-income families, emphasizing volunteer labor and community partnership. It operates on the principle that everyone deserves a decent place to live.

Related terms

Nonprofit Organization: An entity that operates primarily to serve the public interest and does not distribute profits to owners or shareholders.

Volunteerism: The practice of offering time and skills for the benefit of other people and causes rather than for financial reward.

Affordable Housing: Housing deemed affordable to those with a median household income as rated by national or local governments by ensuring cost does not exceed an established threshold percentage of income