All this only works because of you, our volunteers

							            Habitat ReStore - Now bigger with more bargains




All this only works because
of you, our volunteers and
donors.
        Thank you all!
                                                                   Volunteers on Habitat Construction Site

CDHfH’s Mission
Capital District Habitat for Humanity (CDHfH) is a not-for-profit, ecumenical housing partnership dedicat-
ed to building simple, decent and affordable houses with low-income families in need. Habitat uses volun-
teer labor and donations of money and materials to provide affordable homeownership to those people who
would not otherwise have that opportunity. Established in 1988, CDHfH is the Albany, New York affiliate
of Habitat for Humanity International.


Habitat Homeowner Selection
Families in need of decent shelter submit an application to Habitat for Humanity. The affiliate’s Family
Selection Committee qualifies new homeowners based on their level of need, the quality of their current liv-
ing conditions, and their ability to repay an affordable zero-interest mortgage. Those selected earn only 40-
60% of the median income for the area. Our families invest 350 hours of labor, or “sweat equity”, into com-
pletion of their homes. Habitat provides a hand up, not a handout! CDHfH practices a nondiscriminatory
policy in its family selection process.


                                Capital District Habitat for Humanity
                                454 North Pearl Street • Albany, NY 12204
                                Phone: (518) 462-2993 • Fax: (518) 427-9826
                                www.CapitalDistrictHabitat.org
                  2007
                       Annual Report




At the dedication ceremony for 26 Odell Street in June 2007, the
new homeowner, Suzanne Brown, herself a long-time resident of
the City’s South End, received the keys to her home. Suzanne
and her children assisted in supporting the build with with over
300 other volunteers.

“I will continue to partner with Habitat . . . I want another family to feel the way
I do right now.”
        -Suzanne Brown (June 24, 2007)
                                    A Message from the Executive Director:
                                    “Pride in Our Past -Confidence in Our Future”. These are the words on our signage
                                    for our newly launched South End Renewal Project. The sign stands in front of 26
                                    Odell Street, the “Blitz Build” house sponsored by the United Group of Companies
2007-2008                           and completed in just 24 hours in June of 2007. These words were gifted to me by
Board of Directors                  my predecessor, Paul Richer, who continues his association with the affiliate as a
                                    consultant to this newly launched project. Every once in awhile the past and future
  Executive Committee
                                    come together in a way that makes anything possible right now! I am so proud of
  Lynn Pauquette, President
                                    what the affiliate has accomplished in its first 20 years, and very confident in the
  Al De Salvo, 1st Vice President   future.
  H. James Hudson, 2nd Vice
  President                         Pride in Our Past:
  Stefanie Perez, Secretary           • Incorporated in 1988, we’ve built 40 homes in the first 20 years
  Ralph Spiller, Treasurer            • 15 homes were built in the North Albany Neighborhood Revitalization Project
                                      • Mostly a volunteer run organization, the affiliate has partnered with numerous
  Members                               corporations and local businesses and welcomed thousands of volunteers
  Carol Asiello
  Heather P. Behnke                 Confidence in Our Future:
  David Bullow
                                     • We will build 40 homes in the next 5 years
  Shirley Cohen
  Polly Feigenbaum                   • Most of these homes will be built in the South End of the City of Albany
  Mike Hurtt                         • We will seek opportunities to build more broadly in Albany and southern
  Howard Johnson                         Saratoga Counties
  Jim Lawson                         • We will stretch and grow into our relocated office and warehouse and seek
  Mike Lefebvre
  Meridith Meislahn
                                         entrepreneurial opportunities to increase revenues to build more houses
  Lisa Monsees
  Uriella Perkins                   As I write, there is so much more going on and being planned in partnership with the
  Leroy Scott &                     board of directors that I could highlight in the service of disclosure toward the goal
    Deborah Wiley                   of becoming an agency recognized as being both transparent and gracious. Instead it
                                    must suffice to direct you to our website, which through dedicated volunteer service
Staff                               is updated regularly: www.CapitalDistrictHabitat.org.
  Steve Haggerty,
  Executive Director                Thank you for your expressed interest in Capital District Habitat for Humanity; come
  Richard Stone,                    build with us!
  Construction Project Manager
  Ericka Small,                     Steve Haggerty, Executive Director
  Development Director
  Debby Wall,
  Finance Administrator
  Emily Collins,
  ReStore Manager
                                    The Habitat for Humanity Model
  Holly Granito, Office
                                    Capital District Habitat for Humanity (CDHfH) believes that decent shelter is a
  Manager/Volunteer Scheduler
                                    basic human need. Yet, thousands of local families lack adequate and affordable
  Frank Ranalli,
  Construction Project Assistant
                                    housing. The high cost of some rental housing leaves low-income families little
                                    money for other basic necessities like food, clothing or health care. Moreover, if the
  Alphonso Gavin, Construction
  Project Assistant                 rental unit is substandard, it can endanger the health and safety of its occupants,
  Anthony Granito, Special
                                    erode their hope and self-worth, and impair their children’s ability to live up to
  Projects Volunteer                their personal potential.

                                    The Habitat program provides the dignity and power of homeownership to these
Capital District
                                    people who would not otherwise have the opportunity. Habitat for Humanity
Habitat for Humanity
                                    helps low-income families help themselves. We build simple, decent houses with
454 North Pearl Street
                                    donated money, materials and labor; we then sell the homes to our partner fami-
Albany, NY 12204
                                    lies providing a zero-interest mortgage and below market-value sale price. By giv-
Phone: (518) 462-2993
                                    ing the economically disenfranchised the tools necessary to break the cycle of
Fax: (518) 427-9826
www.CapitalDistrictHabitat.org
                                    poverty, we create systemic social change.
Fiscal Year Ending June 30, 2007*                                                                                    The Homes
  Revenues
  Individuals                                                            $94,331
  Congregations                                                          $12,019                                       15 Emmet Street
  Organizations                                                          $95,065
  In-Kind                                                                $17,457
  Grants                                                                 $183,274
  Fundraising and Special Events                                         $75,698
  Housing Income                                                         $584,260
  Other                                                                  $4,366
                                                                         $1,066,920

  Expenses
  Program Services                                                       $531,308
  Administration                                                         $52,039
  Fundraising                                                            $56,265
                                                                         $639,612                                    464 North Pearl Street
  Capitalized Housing Costs
   Prior Years and Current Year Housing Costs**                          $529,847
                                                                         $1,169,459

  Excess of Expenses over Revenues                                       ($102,539)


  * From Audited Financial Statements Fiscal Year Ended June 30, 2007

  ** During this Fiscal Year we endeavored to transfer title on all homes completed in prior
  years which has led to capitalized costs being captured in this year’s statements.
  Capital District Habitat for Humanity, Inc. is registered with the IRS as a 501(c)(3) non-profit organization. A
  copy of our current audited financial statement is available at 454 North Pearl Street, Albany, NY and the State
  of NY Office of the Attorney General, Charities Bureau, 120 Broadway, NY, NY 10271.                                  19 Emmet Street




Fiscal Year 2006-2007 Highlights:
 • Construction completed and dedications held for four new homes:
   15 Emmet Street, 19 Emmet Street, 464 North Pearl Street, and 26 Odell Street.

 • The BLITZ BUILD at 26 Odell Street was completed in just 24 hours.

 • Our search was completed for a new home for the affiliate to purchase office,
   warehouse and retail space that allows future growth at 454 North Pearl Street,
   Albany, NY 12204.                                                                                                    26 Odell Street

 • Long-term partners such as The Charitable Leadership Foundation, Capital
   District Community Loan Fund, and First Niagara Bank renewed their commit-
   ment to the Habitat mission by providing grants and financing exceeding
   1 million dollars to build new homes at capacity.

 • Largely through the efforts of volunteers committed to recruitment and retention,
   an unprecedented volume (over 2,000) of volunteers donated their time to the
   mission and work of Habitat.