A local nonprofit has outgrown its old space and is ready to settle into a new home.
Hanover Habitat for Humanity will vacate its current office, moving into a new location in the Atlee Square shopping center at 9159 Atlee Road by April 1.
The organization is swapping its 12,500 square feet at 8177 Mechanicsville Turnpike for nearly 15,000 square feet in its new space.
“And what’s really great is that we’re paying almost the same amount that we’re paying here,” Habitat Executive Director Tim Bowring said.
Habitat is currently has a month-to-month arrangement but has signed a seven-year lease on its new location. It will require some renovations, including knocking down walls and designing a new office space.
Bowring did not specify how much the renovations will cost. The new office is owned by Lingerfelt CommonWealth Partners.
The organization has outgrown its current space, Bowring said, partially because its volunteer efforts are inundating the building. The office houses both the recycling program and the ReStore center, a retail store that resells donated building materials and home furnishings.
Together, those programs generate about $670,000 per year.
“It covers our overhead, which in turn lets monthly donations go entirely toward building houses,” Bowring said.
Since Bowring started his position in 2008, the organization has built 25 houses. Nine of those were in the new Bailey Woods subdivision that Habitat recently completed.
“We have gone from essentially building one house at a time to developing an entire neighborhood for people in need of affordable housing,” he said.
The organization builds homes and then sells them to qualified buyers that need a lower-priced home but can still afford a mortgage.
Founded in 1990, Hanover County’s Habitat for Humanity has occupied its current building for about nine years.
Its most recent tax filings show $1.46 million in total revenue and $266,000 in expenses in 2012, the most recent financials available from Guidestar.com.