The Thrivent Builds alliance is helping Twin Cities Habitat increase the number of families served in our community
Minneapolis, MN (PRWEB) December 04, 2011
Minneapolis-based Thrivent Financial for Lutherans is committing $9.2M to build 142 Habitat for Humanity homes across the country in 2012 - including more than $564,000 to build 6 homes in conjunction with Twin Cities Habitat for Humanity (TCHFH). These projects are all part of a unique partnership known as Thrivent Builds with Habitat for Humanity.The 7-year-old partnership has resulted in 1,600 homes being built by 480,000 volunteers who’ve donated a total of 3 million hours of labor. This year the partnership surpassed $160M in total grants awarded. Thrivent Financial is the single largest supporter of Habitat for Humanity in the world. The local partnership between Thrivent Financial and TCHFH dates back to 1991 and has led to the creation and sale of 82 homes to qualified, low-income families.“The Thrivent Builds alliance is helping Twin Cities Habitat increase the number of families served in our community,” said Susan Haigh, President and CEO of TCHFH. “We are so grateful for Thrivent’s support of our efforts to provide decent, affordable homes in partnership with families in need.”"We help our members be wise with their money so they can be generous with their lives," says Chris Larson, Managing Partner of Central Minnesota for Thrivent Financial. "Our affiliation with Habitat is one of our most notable and most successful partnerships that we have. Look at all the lives that are changed by this work."Each Habitat homebuyer pays a 0% interest mortgage. They must also perform hundreds of hours of "sweat equity" for Habitat and complete homeownership classes before closing on their home.Ka Youa Yang bought one of the seven Thrivent Builds Habitat homes completed in the Twin Cities in 2011. “I just couldn’t believe it,” says Ka Youa. “I’m so lucky! I’m just so happy!” Ka Youa, who works at a bank, is now saving to help pay for her children's education.