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America's Community Bankers Helps Build Tallest Habitat House

America’s Community Bankers Helps Build Tallest Habitat for Humanity House During Annual Convention

AMERICUS Ga., Nov. 2, 2002 - America’s Community Bankers and its ACB Housing Partners Foundation joined today with Habitat for Humanity to help build a condominium project to benefit eight local families. In San Francisco for their annual convention, which begins Sunday, community bankers and their spouses from across the nation arrived early to spend the day on the Habitat for Humanity build site.

Habitat for Humanity San Francisco is building an eight-condominium project in the city’s South of Market Area. This five-story building will be the largest project to date for the San Francisco affiliate and will also be the tallest new building Habitat for Humanity has constructed anywhere in the world.

“Habitat for Humanity is grateful for the opportunity to partner with America’s Community Bankers to further our goal that every family have the chance to experience the American dream of homeownership,” said Tom Jones, Vice-President of Habitat for Humanity International. “Working together enables both Habitat for Humanity and ACB to build stronger communities while helping to eliminate poverty housing.”

“We are delighted to help an organization that has done so much to help deserving families become homeowners,” said Glenda Hage, chair of the ACB Housing Partners Foundation. “Our industry and our foundation are committed to building communities, and one way we demonstrate that is by raising funds for a project with Habitat for Humanity in the city that hosts our annual convention. ACB is excited to be here, on the ‘ground floor’ of this unique build.”

For the second year in a row, ACB members are sponsoring a Habitat house as well as volunteering their time to help build the home. Last year’s build in New Orleans was a great success. ACB is the first corporate group from outside of San Francisco to sponsor a build with Habitat for Humanity of San Francisco. ACB volunteers will work on constructing the wood framing on the first and second floors.

Eight families will occupy the condominiums and each will be paying a no-interest, no-profit mortgage. The Urbina family, who will live in the ACB-sponsored home, joined in the build today and look forward to moving into their new home in the coming months.

“We are so pleased that bankers and their spouses will give up a day of sightseeing and other activities to affirm their commitment to affordable housing in a very tangible way,” said Jim Lowder, executive director of Habitat for Humanity in San Francisco. “ACB is taking a leadership role in helping to inspire others to do the same thing.”

The ACB Housing Partners Foundation, established in 1991 by the spouses of ACB members, is a not-for-profit 501(c)(3) organization whose mission is to contribute in meaningful and enduring ways to charitable organizations in ACB convention cities across the country. The foundation has donated nearly $1 million to worthy causes from Boston to Seattle. During ACB’s 1997 convention in San Francisco, the foundation raised funds for Clara House, a long-term shelter and job readiness program for homeless families.

America’s Community Bankers represents the nation’s community banks of all charter types and sizes. ACB members, whose aggregate assets are more than $1 trillion, pursue progressive, entrepreneurial and service-oriented strategies in providing financial services to benefit their customers and communities.

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.