HFHI Joins the Mills Corp. in Five-Year "More Than Houses" Partnership
Habitat for Humanity International Joins the Mills Corp. in Five-Year "More Than Houses" Partnership
AMERICUS, Ga., Nov. 14--Habitat for Humanity International (HFHI) joins The Mills Corporation (NYSE: MLS) in announcing a five-year corporate partnership agreement with HFHI's "More Than Houses" capital campaign.
A developer of retail and entertainment destinations, The Mills Corporation will contribute a minimum of $200,000 a year during the five-year partnership for a total $1 million contribution, earmarked for building modest, affordable houses in markets where a Mills retail or entertainment center is located. The Mills Corporation and its centers also will assist in raising funds and awareness through Mills marketing programs, kiosks, Mills TV, and tie-ins to Mills' "A Place to Grow" and UpSprouts children's programs.
"We are grateful for the support and generosity of partners like The Mills Corporation to make sure children and their families have a simple, decent place to live and grow," said Millard Fuller, founder and president of Habitat for Humanity International. "Such a gift is an example of Habitat for Humanity's model of neighbors helping neighbors to build better communities."
The Mills Corporation is an innovative real estate owner, developer and manager of top consumer destinations and shopping center properties noted for large-scale, imaginative design, sales productivity, and collection of unique retail, entertainment, recreation and dining experiences. The partnership agreement marks a consolidation of support and contributions from The Mills Corporation, which has partnered with Habitat for Humanity International on projects in the past. The Mills already has donated funds for a Habitat house in Gwinnett County, Ga., where Discover Mills mall is located, as well as in Lakewood, Colo., site of the newest Mills' property, Colorado Mills.
"Habitat for Humanity International is an outstanding organization that provides a remarkable and giving service to communities around the world, and we are thrilled to join them," said Laurence C. Siegel, The Mills Corporation’s chairman and CEO. "Being a good corporate citizen has always been a top priority for The Mills. Partnering with such a reputable group as Habitat for Humanity enables us to strengthen and focus our community support, as well as extend our reach."
The Mills Corporation is a self-managed real estate investment trust (REIT) based in Arlington, Va., that owns, develops, leases, manages and markets a portfolio of 13 market dominant retail and entertainment destinations (12 Mills and one Block) totaling approximately 18 million square feet in 11 states. Currently, the company has five projects under construction and/or development in the United States and two internationally: Toronto, Canada and Madrid, Spain. The company's Internet address is www.millscorp.com.
Habitat for Humanity International is an ecumenical Christian ministry dedicated to eliminating poverty housing. Founded by Millard Fuller, along with his wife, Linda, Habitat for Humanity International and its affiliates in more than 3,000 communities in 83 nations have built and sold more than 125,000 homes to partner families with no-profit, zero-interest mortgages.