Lowe's provides $35,000 grant for CIAA schools to build the home for a Wake County family
RALEIGH, NC (October 3, 2009) - Students from St. Augustine's College and Shaw University will join volunteers from Lowe's and a Habitat Wake partner family in raising the walls of a new Habitat for Humanity of Wake County home before their Saturday football game.
The wall-raising for this new Habitat Wake house takes place at 203 Seawell Ave, Raleigh, on Saturday, October 3.
Volunteers are building this home with a local family as part of Habitat for Humanity's effort to provide simple, decent affordable housing built in partnership with homeowners, volunteers and sponsors. Lowe's, a national partner with Habitat for Humanity since 2003, provided a $35,000 grant to sponsor this home.
Habitat for Humanity of Wake County develops partnerships with future homeowners, sponsors, and volunteers to build healthy, affordable homes for families with modest incomes.
The homeownership program is designed to break the cycle of poverty. Applicant families qualify for, build and purchase their homes. Adults attend homeownership classes and contribute a minimum of 250 hours of "sweat equity" building their own homes or those of their neighbors. During the process the families save money for a $1,250* down payment, and once they move into their homes, their mortgage payments become seed money that helps Habitat build more homes. Habitat homeowners pay approximately $575* per month on a 20-year, zero interest mortgage.
Led by professional construction staff, volunteers and future homeowners perform most of the labor on Habitat homes including all carpentry, roofing, siding, interior trim, painting, and landscaping. House and lot sponsorships from generous corporations, organizations, faith groups and individuals cover the cost of land, building materials and professional services for foundation work, plumbing, electrical and HVAC.
For more information, visit www.HabitatWake.org.