Seriously? That's a serious question? Why do any nonprofits raise money? To survive... Nonprofits raise money to fund programs, pay salaries and operating expenses. The money doesn't stay in house.<quoted text>
Wait...a fundraiser to benefit HFH...but I thought someone said above that Habitat sells their houses once completed, not gives them away?
Why do they need the money then???
This money raised goes toward the WalMart Distribution House. A Habitat House sponsored (paid for) by WalMart Distribution. Each house is sponsored by a group (company, faith, organization, etc) and constructed with volunteers. The homebuyer applicant then purchases the house interest-free from Habitat and the mortgage payments are cycled back out of Habitat to build more houses, purchase land, keep the office lights on, etc.