Thrivent and Habitat for Humanity of Laramie County partner to help families stay in their homes during the COVID-19 pandemic
CHEYENNE, WY 12/14/20 – Thrivent is awarding Habitat for Humanity of Laramie County (HFHLCI) a contribution of $5,000 to help local families stay in their homes. Thrivent’s donation will allow 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, HFHLCI will sustain affordable homeownership costs for families in Habitat built homes in Laramie County.
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.
This year, the importance of having a safe and affordable home has never been more apparent” said Habitat Director, Kate Wight “Thanks to Thrivent’s generosity, we’re able to alleviate some of the financial strain a few of our partner families have experienced due to the Pandemic and keep them on the strong foundation their Habitat home provides.”
Habitat for Humanity of Laramie County is one of 100 local 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 and Thrivent began their partnership in 2005. 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. Locally, Thrivent has supported a number of Habitat projects, most recently the funding of its 2020 project through the Faith Build Program.
Thrivent representatives Jeffrey Solomonson and Robert Trotter
at a recent Habitat event.
About Habitat for Humanity of Laramie County
Since 1991, Habitat for Humanity has been building strength, stability, and self-reliance through homeownership opportunities in Laramie County. In 2020, the organization will complete its 50th affordable home and continue work on its 51st , the affiliate’s first Veterans Build project.
About Thrivent
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.