At Habitat for Humanity, we believe that home is the foundation for a better future. When families have access to affordable, stable housing, children perform better in school, health outcomes improve, and entire communities thrive.
Here in Goodhue County, over 1 in 4 households struggle with housing costs, making Habitat’s work critical in providing opportunities for families to build strength, stability, and self-reliance through homeownership. But owning a home is just the beginning—sustaining homeownership is where long-term success happens.
This quarter, we’re focusing on the financial habits, home maintenance skills, and community connections that empower our partner families to succeed. Whether you’re just starting your Habitat journey or have been in your home for years, we’re here to help you build a solid foundation for the future.
Read on for practical advice, homeowner resources, and opportunities to engage with Habitat families like you.
Kickstarting Your Homeownership Journey:
Building a Financial Foundation for Your Home in 2025
A new year brings new opportunities to set goals and create financial stability for your home. As a Habitat homeowner, you’ve already taken a huge step toward a brighter future—now it’s time to make the most of it.
Here are three simple ways to stay on track financially this year:
✅ Budget Smarter
Use tools like Xcel Energy’s Average Monthly Payment (AMP) to spread utility payments evenly throughout the year, making monthly budgeting more predictable.
✅ Build an Emergency Fund
Homeownership comes with unexpected expenses. Even saving $10-$20 per month can prepare you for unexpected home repairs. Studies show that homeowners with at least $500 in savings are significantly less likely to face foreclosure during financial hardship.
✅ Connect with Your Community
Homeownership is more than just having a roof over your head—it’s about belonging. Take the time to introduce yourself to neighbors, attend Habitat events, and lean on our support network for guidance.
💡 Pro Tip: Pull your annual free credit report and review to ensure you know what is on your report! Learn more about why monitoring matters, identity theft and ways to improve your credit score on AnnualCreditReport.com
Understanding Your Homeownership Responsibilities:
Beyond the Mortgage - What Every Homeowner Needs to Know
Owning a home is more than just paying the mortgage—it’s about protecting your investment for the long haul. Every year, we see the positive impact homeownership has on families, but we also know that staying on top of home-related responsibilities is key to long-term stability.
🏡 Annual Homeowner Checklist:
✅ Property Taxes
Due each year—check with your county for details.
✅ Home Insurance Check-Up
Review your policy annually to make sure you have the coverage you need.
✅ Routine Maintenance
Simple tasks prevent costly repairs (like changing furnace filters and checking smoke detectors).
📌 Pro Tip: Many homeowners overpay for insurance because they don’t check for discounts or reassess their coverage! Use this guide to make sure you’re fully protected: NAIC Annual Insurance Check.
How to Maximize the Impact of Your Tax Refund as a Homeowner:
Smart Ways to Use Your Tax Refund to Strengthen Your Home
Tax season is here, and your refund can be a game-changer for homeownership! Instead of spending it quickly, consider these strategic ways to make it work for you!
💸Tax Refund Tips for Homeowners:
✅ Build Your Emergency Fund
Having at least three months’ worth of expenses saved can protect you from financial setbacks. Even $500 saved can help cover unexpected home repairs.
✅ Invest in Home Improvements
Small updates like energy-efficient lighting or weatherproofing can save money long-term by reducing utility bills and increase home value.
✅ Pay Down Your Mortgage
Applying extra funds to your principal can reduce long-term interest costs. Even an extra $500 toward your loan can significantly reduce interest costs over time.
💡 Pro Tip: Don’t forget to claim your MN Earned Income (Working Family) Tax Credit!
This benefit can help low-to-moderate-income families maximize their tax refund and put extra money in your pocket. Learn more: NAIC Tax Credit Guide.
DIY: Winter Home Maintenance & Small Fixes That Save You Big
✅ Change your furnace filter every 3 months to improve air quality.
✅ Seal drafty windows to reduce heating costs.
✅ Clean gutters to prevent ice dams.
💡 Pro Tip: Did you know changing your furnace filter every 3 months can improve air quality and lower energy bills? Check out our Seasonal Home Maintenance Checklist here.
Thank you for being part of the Habitat family! By staying engaged, supporting one another, and keeping your home in great shape, you’re not only building a better future for your family but also strengthening our entire community.
🏡 Want to help others achieve homeownership? Encourage a friend to apply for a Habitat home or volunteer at one of our build sites! Every hour of time, every conversation, and every donation makes a difference.
📩 Stay connected: Follow us on Facebook & Instagram for more homeowner tips, community updates, and ways to get involved and volunteer!
Ready to Apply NOW?!
Download the DIY Guide: 150 DIY tips to care for your home inside and out—and on a budget.
Download Maintenance Checklist: A seasonal checklist on how to keep your house in working order - All year long!
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