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Groundbreaking is good news for affordable housing in Palm Coast
Habitat for Humanity International and Thrivent Financial join together to increase affordable housing in Palm Coast. The local community is invited to a groundbreaking to celebrate.
This new home is a result of a partnership between Habitat for Humanity International and Thrivent Financial for Lutherans. Called Thrivent Builds with Habitat for Humanity, this partnership has resulted in more than 2,700 Habitat homes across the country and around the world since 2005. Thanks to its 2.5 million members who own financial products with the organization, Thrivent Financial for Lutherans is able to contribute to the improvement of communities like Palm Coast. Thrivent Financial contributed 55 percent of the house costs—a total of $42,500.00—and is also engaging local volunteers who are members of Thrivent Financial, members of area Lutheran churches and members of the community at large, to donate additional funds and volunteer their time to work alongside the partner families to build these homes.
Lindsay Elliott, executive director of Flagler Habitat for Humanity shared, “This is the second Thrivent Build that Flagler Habitat for Humanity has been awarded by Thrivent Financial. This is such an incredible opportunity for our affiliate; through the financial support, volunteer efforts and community awareness it brings. This year we are excited to be bringing our faith community together to all build toward the common goal of housing the Sorrentino family in a simple, decent, affordable, safe place to call home.”
The Sorrentino family is more than a little eager to finish construction of their new home. They will complete 250 hours of “sweat equity” helping to build it, a basic tenet of Habitat for Humanity. They will also repay the no-profit mortgage over a period of 20 years, illustrating Habitat for Humanity’s objective to give families a “hand up” rather than a “hand out.”
“Being able to help provide a family with a home means so much to Thrivent members,” added Bob Northrup, the local Thrivent Financial Representative. “Volunteering is important to them, and this gives them a great way to personally support our community by helping families achieve financial security.”
To learn more, visit www.thriventbuilds.com.
About Flagler Habitat for Humanity
2 W. Moody Blvd (P.O. Box 187), Bunnell, FL 32110
office phone: (386) 586-6180 • fax: (386) 586-6181
Thrivent Builds with Habitat for Humanity is a multi-year, multi-million dollar partnership between Thrivent Financial for Lutherans and Habitat for Humanity International. Thrivent Builds is designed to involve Thrivent members and Lutherans in helping provide a “hand up” to people in need of affordable housing, offering them a path to greater economic independence. Excluding government funding, Thrivent Builds with Habitat for Humanity is Habitat's largest single source of funding, constructing more than 2,700 homes in the U.S. and around the world since 2005. For more information, visit ThriventBuilds.com.
About Thrivent Financial for Lutherans
Thrivent Financial for Lutherans is a not-for-profit, Fortune 500 financial services membership organization helping approximately 2.5 million members achieve financial security and give back to their communities. Thrivent Financial and its affiliates offer a broad range of financial products and services. As a not-for-profit organization, Thrivent Financial creates and supports national outreach programs and activities that help congregations, schools, charitable organizations and individuals in need. For more information, visit Thrivent.com. Also, you can find us on Facebook and Twitter.
Habitat for Humanity International is an ecumenical Christian ministry that welcomes to its Habitat for Humanity International is a global nonprofit Christian housing organization that seeks to put God’s love into action by bringing people together to build homes, communities and hope. Since 1976, Habitat has served more than 500,000 families by welcoming people of all races, religions and nationalities to construct, rehabilitate or preserve homes; by advocating for fair and just housing policies; and by providing training and access to resources to help families improve their shelter conditions. For more information, to donate or to volunteer, please visit www.habitat.org, or follow us at www.facebook.com/