Known for its million dollar houses near Stanford University and The Silicon Valley’s high-paying high-tech jobs, Menlo Park is a community with a median household income of $100,000, and median house price of almost $900,000.
On the east side of town, just across the freeway, the Belle Haven neighborhood has homes whose prices have dropped from the bubble-high of $600,000 to just $200,000, and which are going into foreclosure. As part of their Neighborhood Revitalization Project, Habitat for Humanity is coming in to clean up one of these houses and make it available to a low income family with no down-payment, no interest loan, and no profit. For one family, this is the chance to own a home in an up-and-coming neighborhood, in a city not known for its affordable housing solutions.
If you or someone you know is in the area and could benefit from this program, check out the requirements here and consider applying! Family selection meetings will take place at the Menlo Park Senior Citizens Center, located on 110 Terminal Avenue, Menlo Park, on Saturday, Feb 6, from 9:45am-12:00pm or Monday, February 8, from 5:45pm-8:00pm.