Land and Property Donations
Finding decent, safe, affordable housing is not easy for Cecil and Harford County families. For Habitat for Humanity Susquehanna, finding affordable land to build on is one of our greatest challenges.
Donate a home or land parcel and help Habitat Susquehanna with the first step in the building process! By making a gift of real estate, the donation provides you with tax-benefits while making a personal impact for local families.
Gifts of real estate include undeveloped land, residential and commercial property in Cecil and Harford County. Habitat Susquehanna looks for land large enough to build at least a single-family home. A larger lot would possibly allow us to build multiple housing units, giving us the ability to help more than one family per build. These lots would preferably be located within areas that are serviced by public water and sewer.
Real Estate Gifts May Be Accepted in a Variety of Ways:
Outright Gift: Donor transfers the property for retention and use by the Habitat for Humanity or for immediate liquidation with proceeds directed according to donor intent.
Bargain Sale: Donor sells the property to Habitat for Humanity Susquehanna for less than its appraised fair market value and receives a charitable deduction for the difference between the value of the property and the sale price.
Bequest: Donor bequeaths the property to Habitat for Humanity Susquehanna in his or her will or revocable (living) trust. If a gift of real estate is encumbered by a mortgage or lien, Habitat will request the donor pay off the debt prior to making the donation.
Please consider this information as a starting point. With all charitable gifts, it is important to consult with your attorney or financial advisor to ensure that you comply with state laws, receive maximum tax benefits, and that your wishes are accurately reflected in necessary legal documents.
Please contact Anne Hottle, Director of Acquisitions at 410-638-4434 x 7236 or email@example.com.
Thank you for joining us in our work to help families build strength, stability and independence through shelter. Everyone deserves a decent place to live, and everyone can do something today to make that possible for another family.