For the seventh straight year, Thrivent Financial for Lutherans is committing millions to stabilize, strengthen and secure communities in 2012 by creating affordable housing in partnership with low-income families through its unique partnership called Thrivent Builds with Habitat for Humanity.
Thrivent Financial for Lutherans announced that in 2012 it will fund the construction and rehabilitation of 142 Habitat for Humanity homes in 32 U.S. states through a $9.2 million contribution. Thrivent Financial’s total seven-year support of Habitat for Humanity, helping families achieve the dream of homeownership, will surpass $160 million in 2012.
Habitat for Humanity’s relationship with Thrivent Financial brings the financial, volunteer and advocacy resources of Thrivent Financial together with the affordable housing construction leadership of hundreds of local Habitat for Humanity affiliates. To date, more than 480,000 volunteers have donated more than three million hours to construct 1,600 homes.
Loveland Habitat for Humanity is honored to once again have qualified for a sponsorship through Thrivent and will be partnering with the organization to build its 7th Thrivent home in Loveland.
“This is an amazing honor and we are very grateful to Thrivent for their sponsorship and continuing support of our mission of building safe, decent and affordable homes for Loveland Families,” said Gwen Stephenson, Executive Director of Loveland Habitat. “There are strict guidelines and parameters that need to be met in the sponsorship application and we are fortunate to have been able to fulfill all of them once again.”
As part of the sponsorship, funding for the construction of the Loveland Habitat home will come from three different sources: 55 percent of the total cost from Thrivent Financial for Lutherans, 10 percent from local Thrivent Chapter(s) and Lutheran congregations, and 35 percent provided by the Loveland affiliate.
This year’s home recipients are Luis and Ruth and their 5 children. They broke ground on their home February 18th in a wonderful groundbreaking ceremony.
For more information about Loveland Habitat for Humanity and Thrivent, please call our office at 970-669-9769.
