Our Land Fund
Land Acquisition Methods
Donations:
Greater Albuquerque Habitat for Humanity accepts land donations from businesses and individuals.
Purchases:
GAHH may buy land, occasionally at a reduced cost, from private owners, developer partnerships or municipalities.
US Property Acquisition Fund:
This fund provides financial resources to GAHH for obtaining land for the purpose of affordable housing developments.
Gifts of Property:
GAHH accepts gifts of appreciated real estate, such as homes, vacation properties, or undeveloped land.
Factors Influencing Land Use:
- GAHH’s ability to utilize donated land relies on factors including program requirements, local regulations and the ability to use the land for building.
- GAHH’s main purpose is to serve families in need, not to develop land for profit.
A donation of land does not necessarily mean a home will be built for the donor or their family. - GAHH may not have the ability to accept all land donations due to program requirements or other factors.
Community Land Trusts:
- GAHH occasionally partners with community land trusts to acquire and manage land for affordable homeownership.
- These trusts maintain ownership of the land while GAHH sells the homes built on it to low- and moderate-income families.
Financial Support:
- GAHH relies on donations to fund its land acquisition efforts.
- We also have a dedicated financial institution that provides loans and other financial products to assist land acquisition and new construction.