Why Save a Home

Foreclosures Erode a Child’s Future, You Can Help Reclaim It

The terrible consequences of foreclosure on children

When a child’s home is foreclosed on, they often experience...

Foreclosure puts children at an educational disadvantage, as they may experience school transfers, interruptions in learning, and difficulty accessing resources and extracurricular activities. These challenges can lead to academic setbacks, lower graduation rates, and limited opportunities for higher education, and future opportunities as they lose familiar teachers, friends, and support networks.

Due to the financial strain, life disruptions, emotional distress, and instability it causes to children and their family, foreclosure is believed to increase the risk of juvenile delinquency, in particular property crimes (such as theft, vandalism, or burglary), substance abuse-related offenses, and offenses related to peer group involvement or gang activity.

Foreclosure often results in housing instability for children. After a foreclosure, the parent(s) are often unable to even rent a home, as their negative credit report is visible to landlords evaluating tenants. They may have to move to temporary or substandard housing, stay with relatives, or even experience homelessness.

Foreclosure results in a loss of community and social connections for children, isolating them from friends, neighbors, and community resources that provide a sense of belonging and support. This can result from having to change school districts, leaving their neighborhood, and even being shamed and intentionally socially isolated by their peers through bullying.

Foreclosure causes sadness, fear, and confusion in children, disrupting their sense of stability and leading to emotional distress that may manifest in behavioral changes, and an increased risk for various mental health disorders. Because foreclosure often involves housing instability and a breakdown of friend and social support networks, intense loneliness and isolation is often common.

Foreclosure is associated with multi-generational financial hardship, creating a systemic cycle of poverty and unhealthy debt to make ends meet on a daily basis, and never rising out of that cycle. Because foreclosures have a negative impact on the long term education of a child, it also is shown to limit their future earning potential.

The unstable living conditions that follow a foreclosure can expose children to unsafe environments, increasing their vulnerability to various forms of abuse. Foreclosures take a heavy toll on parents' mental health and contribute to heightened tension, conflict, and strained relationships. The increased stress within the household can escalate the risk of child abuse as parents or caregivers may struggle to cope, leading to potential maltreatment or neglect.

The stress and fear associated with foreclosure can trigger physiological responses in children, such as elevated cortisol levels and disrupted sleep patterns. The financial strain can limit their access to nutritious food, healthcare services, and a safe living environment. These combined factors can have long-lasting effects on a child's physical health, resulting in chronic illnesses, compromised immune function, and a higher risk of developing health conditions later in life.

When you save a home from foreclosure you help reclaim these children’s futures, for multiple generations!

Reasons to Contribute

Make an Immediate, Life Altering Difference

You can directly impact the lives of families facing the threat of losing their homes. Your donation translates into real, tangible results, giving families a chance to overcome housing challenges and build a brighter future.

Address the Affordable Housing Crisis

Affordable housing affects countless individuals and communities. Your support helps Saving Homes tackle one of the root causes of the crisis and advocate for change.

Create a Multi-generational Impact

Your donation goes beyond immediate assistance. It has the power to create a lasting impact on families and future generations. Moreover, your support contributes to the long-term sustainability of our programs.

Our Goals in 2024

177
homes saved
52
houses saved
$3.7M
in equity saved

A Helping Hand, Not a Free Handout

We believe in offering support, not handouts. Many single parents facing foreclosure are hardworking, thrifty, loving parents doing good work in the world that are experiencing solvable financial challenges or temporary crises. These are the people that teach your children, drive you to the airport, serve your food, clean your local hospital, and all the other many jobs that enrich our lives.

Our Long-Term Vision

We believe in creating a sustainable and lasting impact on the lives of American families facing housing challenges. Saving Homes envisions a future where every individual and family has access to safe, affordable housing without the threat of foreclosure.

Our goal extends beyond immediate assistance; we strive to implement systemic changes that address the root causes of the affordable housing crisis. By collaborating with partners and leveraging innovative solutions, we hope to shape a society where affordable housing is within reach for everyone. Through our collective efforts, we aspire to transform communities, break the cycle of housing instability, and pave the way for a brighter, more equitable future.

Make a Life-Changing Difference Today

Your donation can save a home and transform a family’s future.
Join us in our mission to provide stability and offer a fresh start for families in need!Even a $5 donation can make an everlasting difference to an American family.

Donate Now Or ...

Want to assist a specific family?

Browse families that would greatly benefit from your donation below.*

Family

2 kids (ages 3, 7)

Asheville, NC

$5000 still needed
155 days until foreclosure
Save Now

Single Mom

1 kid (age 11)

Charlotte, NC

$500 still needed
1 week until foreclosure
Save Now

Single Dad

3 kids (ages 1, 4, 6)

Asheville, NC

$750 still needed
1 week until foreclosure
Save Now

Single Mom

2 kids (ages 9, 11)

Wilmington, NC

$1000 still needed
13 days until foreclosure
Save Now

Are you facing foreclosure?

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*These homes and single-parent families, including the funds and days until foreclosure, are notional examples of the homes and families we support. Due to privacy laws and sensitivities to the individuals and families, we cannot show actual cases in our program.