Thrivent is awarding Watauga County Habitat for Humanity a contribution of $5000 to help families in Watauga County stay in their homes. Thrivent’s donation will allow Watauga Habitat to provide mortgage relief to Habitat homeowners who need temporary assistance making their mortgage payments during the COVID-19 pandemic. With Thrivent’s support, Watauga Habitat will sustain affordable homeownership costs for families who will be served through these funds. Prior to the spread of the novel coronavirus, more than 18 million households across the U.S. were paying half or more of their income on a place to live. As the pandemic continues to cause job disruption and economic fallout, many households are enduring lay-offs, unemployment, and pay cuts. This wage loss has amplified the financial burden on households to maintain essential payments and can result in families having to trade-off between bills, mortgage, or medical care. “We appreciate our partnership with Thrivent and the opportunity to help Watauga Habitat families during these trying times,” said Alex Hooker, Executive Director for Watauga County Habitat for Humanity. Watauga Habitat is one of 100 Habitat organizations across the nation partnering with Thrivent to help families stay in their homes during the COVID-19 pandemic. In total, Thrivent is donating $750,000 to Habitat for Humanity to assist with mortgage-related relief and prevent foreclosures across the U.S. “This year has been incredibly difficult for many people as financial hardship has added stress and anxiety to daily lives,” said Nikki Sorum, senior vice president of Thrivent Advisors at Thrivent. “This pandemic has underscored how important it is for people to have safe, affordable homes. Given all we have endured in 2020, we are especially honored to provide financial support to Habitat for Humanity to help people stay in their homes so they can continue to build toward financial stability.”
Habitat for Humanity International and Thrivent began their partnership in 2005. Over the past 15 years, Thrivent and their clients have contributed more than $275 million to Habitat and have partnered with families to build safe, affordable homes across the U.S. and around the world.
About Watauga Habitat for Humanity:
Part of a global, nonprofit housing organization, Watauga Habitat for Humanity works to eliminate barriers to a better, healthier, and more financially stable life by providing homebuyers with a decent and affordable place to call home. Homebuyers partner with Habitat, helping build their own homes alongside volunteers. Habitat offers zero interest mortgages to the homeowners. Since 1987, Watauga Habitat for Humanity has built 29 homes and supported families facing challenges. Now in these exceedingly difficult times, along with committed community partnerships, Watauga Habitat stands ready to offer a hand-up to families needing safe and affordable homes. For more information visit their website at https://www.wataugahabitat.org/home. Watauga County Habitat for Humanity is currently accepting New Homeowner Applications until February 15th, 2021
Thrivent is a diversified financial services organization that helps people achieve financial clarity, enabling lives full of meaning and gratitude. As a mission-driven, membership-owned organization, it offers its more than 2 million members and customers a broad range of financial products, services and guidance. Thrivent and its subsidiary and affiliate companies offer insurance, investments, banking and advice over the phone, online as well as through financial professionals and independent agents nationwide. Thrivent is a Fortune 500 company with $152 billion in assets under management/advisement (as of 12/31/19). Thrivent carries an A++ (Superior) rating from AM Best, a credit rating agency; this is the highest of the agency’s 16 ratings categories and was affirmed in May of 2019. For more information, visit Thrivent.com. You can also find us on Facebook and Twitter.