Community

Pathways to Homeownership

Wednesday, April 25, 2018

Another rent hike. Another move. Another school system.

Another family—maybe yours—is pushed farther out of town, and farther from jobs, stores, healthcare services, public transportation and higher education opportunities.

This narrative has become a standard in Whatcom County. It started as the norm for our low-income families and is now becoming the norm for our middle-income families as well.
Perhaps a move improves cash flow with lower rent. Or perhaps, once you factor in a new commute, it’s a wash. Either way, every time Bellingham’s lack of affordable housing options forces out another family, our community experiences a cumulative, tangible loss.

Housing instability bleeds dysfunction into every corner of our lives.

Economically displacing workers creates sprawl, increases traffic and pollution, and decreases job security. Children lose friends, educational momentum and access to healthy, social after-school activities. In many cases, these losses—especially if repeated in patterns over time—not only set children up for behavioral, emotional and health difficulties, but also increase the probability that they will rely on government assistance as they enter adulthood.

The inadequate supply of Whatcom County homes in the $125,000 to $300,000 price range keeps average wage earners in the rental market long past when they should be able to purchase a home. This means people attempting to move from homelessness, transitional housing or subsidized housing to long-term, unsubsidized rental housing, are competing with neighbors who have enough income and resources to own a home, as well as (generally) more stable jobs and stronger credit histories.

The bloated Whatcom County renter population creates a completely unfair uphill battle for folks attempting these critical transitions and the organizations supporting them. And it impacts renters, rental agencies and property owners too. It places tremendous pressure on the rental market, which is not positioned to both solve homelessness and house folks who should be able to own homes.

Owning your own home within reasonable commuting distance to work has become a pipe dream for many residents of Whatcom County.

“Even if you find a home under $435,000 and have the whopping $80,000 down payment ready to go,” explains Habitat for Humanity in Whatcom County Executive Director John Moon, “your income still needs to be over $73,000 per year to afford the mortgage. In a single-earner household, that’s an hourly wage of $35 per hour.”

The vast majority of employees, especially those working for family-owned, locally run businesses, have no chance of achieving such a high wage.

Expanding a business in this climate is even more difficult. How can local businesses grow and thrive, if they are unable to attract new talent? Can they even retain their current talent? How can developers and contractors bring in construction crews? How do we spur economic growth if new build projects are dead-ended by worker housing costs?

Solutions for average wage earners, their families and their children:

For families, affordable homeownership price points would mean stable, long-term living costs and an ability to build wealth through their home’s equity, as well as improved outcomes in health and education.

If homeownership were available to average wage earners in Whatcom County, they would be able to begin moving along a “Housing Continuum.” Hardworking families able to buy a home would move out of the rental market, creating space for those living in subsidized or transitional housing to move to long-term rentals, and freeing up more of our community’s supportive resources for those currently living on the streets.

New developments would increase economic activity for suppliers, subcontractors, real estate agents and title companies. Increased stability would mean more businesses would be able to retain employees, attract new talent and expand. More homeowners means more taxpayers and more community assets. Innovation, opportunity and security for all of our residents would increase. Whatcom County, as a whole, could reach its full potential.

Sarah Bond-Yancey is the communications manager for Habitat for Humanity in Whatcom County. Learn more about homeownership pathways, local impacts and ways to get involved at http://www.hfhwhatcom.org/pathways.

Past Columns
Saying Goodbye

December 11, 2019

Cold and Alone

December 4, 2019

Big Money Politics

November 13, 2019

A Win for the Birds

July 24, 2019

Road to ‘Nowhere’

June 26, 2019

Game Changes

April 24, 2019

Salish Sea Science

January 23, 2019

Cherry Point Amendments

January 16, 2019

Invest in the Future

September 26, 2018

A Desperate Call

August 29, 2018

Criminalizing Protest

July 18, 2018

Threshold Fund

June 13, 2018

Imprisoned Splendour

May 9, 2018

Yes on I-1631

April 11, 2018

Divide-and-Conquer

October 11, 2017

Schools and Planning for Growth

September 27, 2017

Events
Today
Holiday Pet Food Drive

10:00am|Whatcom County

Deck the Old City Hall

12:00pm|Whatcom Museum's Old City Hall

Giving Tree

9:00am|Village Books

Holiday Festival of the Arts

10:00am

The Naughty List Market and Cabaret

2:00pm|Broadway Hall

Miracle Pop-Up Holiday Cocktail Bar

4:00pm|Swim Club

Treasure Island

7:00pm|Sehome High School Theater

Shrek the Musical

7:00pm|Burlington-Edison High School

Crazy for You

7:30pm|Bellingham Theatre Guild

A Christmas Carol

7:30pm|Sylvia Center for the Arts

Number the Stars

7:30pm|Anacortes Community Theatre

Wild Things

9:30am|Connelly Creek Nature Area

Toys for Tots

10:00am

Pacific Arts Market

10:00am| Sunset Square

Holiday Tea

11:00am|Willowbrook Manor

Holiday Craft Bazaar

3:30pm|Lynden Library

Drayton Harbor Shellebration

4:00pm|G Street Plaza

Gingerbread House Making

4:30pm|Ferndale Library

Christmas on the Docks

5:00pm|Cap Sante Marina

Photos and Stories with James K. Papp

5:00pm|Gallery Pegasus

Wonderland Walk

5:00pm|Washington Park

Valley Made Holiday Market

5:00pm|Maplehurst Farm

Kids Night Out @ Western

6:00pm|Western Washington University

Lost Feast

7:00pm|Village Books

Honk! The Musical

7:00pm|Bellingham Arts Academy for Youth

Darkness and Light

7:30pm|St. James Presbyterian Church

Narnia the Musical

7:30pm|Claire vg Thomas Theatre

Christmastime is Here with Skagit Symphony

7:30pm|McIntyre Hall

Tarnation and Holiday Games

7:30pm|Upfront Theatre

Tomorrow
Holiday Pet Food Drive

10:00am|Whatcom County

Deck the Old City Hall

12:00pm|Whatcom Museum's Old City Hall

Giving Tree

9:00am|Village Books

Holiday Festival of the Arts

10:00am

Miracle Pop-Up Holiday Cocktail Bar

4:00pm|Swim Club

Shrek the Musical

7:00pm|Burlington-Edison High School

Treasure Island

7:00pm|Sehome High School Theater

Number the Stars

7:30pm|Anacortes Community Theatre

A Christmas Carol

7:30pm|Sylvia Center for the Arts

Crazy for You

7:30pm|Bellingham Theatre Guild

Pacific Arts Market

10:00am| Sunset Square

Toys for Tots

10:00am

Holiday Tea

11:00am|Willowbrook Manor

Christmas on the Docks

5:00pm|Cap Sante Marina

Wonderland Walk

5:00pm|Washington Park

Valley Made Holiday Market

5:00pm|Maplehurst Farm

Honk! The Musical

7:00pm|Bellingham Arts Academy for Youth

Tarnation and Holiday Games

7:30pm|Upfront Theatre

Darkness and Light

7:30pm|St. James Presbyterian Church

Narnia the Musical

7:30pm|Claire vg Thomas Theatre

NSEA Work Party

9:00am

Breakfast with Santa

9:00am|Sedro-Woolley Community Center

Winter Faire

10:00am|Whatcom Hills Waldorf School

Winter Arts & Crafts Festival

10:00am|Pioneer Park Pavilion

Old-Fashioned Christmas Market

10:00am|Friday Harbor Brickworks

Bellingham Farmers Market

10:00am|Depot Market Square

Fairhaven Winterfest

10:00am|Historic Fairhaven

Sumas Book Club

10:00am|Sumas Library

Mastering Wisteria

10:30am|Full Bloom Farm

Award-Winning Book Club

10:30am|Lynden Library

Snow Geese of Skagit

10:30am|Christianson's Nursery

Your Life is a Story Writers Group

10:30am| South Whatcom Library

Saltadena Celebration

11:00am|Saltadena Bakery

Winter Wonderland Gift Gala

11:00am|Carnation Building

Holiday Craft Bazaars

11:30am

Holiday Maker's Market

12:00pm|Terramar Brewing and Distilling

Holiday Joy with Fidalgo Youth Symphony

1:00pm|McIntyre Hall

Holiday Tea and Crafts

1:00pm|North Fork Library

Festive Feasting Reception

1:00pm|Good Earth Pottery

Teen Art Fair

2:00pm|Blaine Library

Big Holiday reds tasting

2:00pm|eifert & Jones Wine Merchants

Shrinking the Worry Monster

2:00pm|Village Books

Birding for Kids

2:30pm

Bowman Bay Holiday

3:00pm|Bowman Bay

Noel Ensemble

3:00pm|Jansen Art Center

A Deep Dive Into Eve Deisher's Psyche

3:00pm|Museum of Northwest Art

One Meditation

4:00pm| Boulevard Park

The Nativity

6:30pm|Mount Baker Theatre

Early Railroads of Whatcom County

7:00pm|Village Books

Contra Dance

7:00pm|Fairhaven Library

Center Into Solstice

7:00pm|Cafe Blue

Holiday History Hi-Jinks

7:00pm|Downtown Bellingham

Winter Solstice Concert with SeaMuse

7:30pm|Firehouse Arts and Events Center

Cidertails with Alexine Langdon

7:30pm|housand Acre Cider House

Heralding Christmas with Skagit Valley Chorale

7:30pm|McIntyre Hall

The Kelley World Tour

7:30pm|Lummi Island Library

Sunday
Holiday Pet Food Drive

10:00am|Whatcom County

Deck the Old City Hall

12:00pm|Whatcom Museum's Old City Hall

Giving Tree

9:00am|Village Books

Holiday Festival of the Arts

10:00am

Miracle Pop-Up Holiday Cocktail Bar

4:00pm|Swim Club

Number the Stars

7:30pm|Anacortes Community Theatre

Crazy for You

7:30pm|Bellingham Theatre Guild

Pacific Arts Market

10:00am| Sunset Square

Christmas on the Docks

5:00pm|Cap Sante Marina

Valley Made Holiday Market

5:00pm|Maplehurst Farm

Honk! The Musical

7:00pm|Bellingham Arts Academy for Youth

Narnia the Musical

7:30pm|Claire vg Thomas Theatre

Winter Wonderland Gift Gala

11:00am|Carnation Building

The Nativity

6:30pm|Mount Baker Theatre

Heralding Christmas with Skagit Valley Chorale

7:30pm|McIntyre Hall

Sedro-Woolley Community Breakfast

8:00am|American Legion Post #43

Langar in Lynden

11:00am| Guru Nanak Gursikh Gurdwara

Celtic Yuletide

3:00pm|Lincoln Theatre

Scarlett and Dicey

4:00pm|Village Books

Vaudevillingham

7:00pm|Cirque Lab

see our complete calendar »