To help families recover from Hurricane Michael, Verizon announced its foundation is providing $1 million in support of Habitat for Humanity’s recovery efforts. In addition, more than 20 volunteers from Verizon are on hand helping to raise the walls on the latest home being built in the Florida Panhandle.
This initiative ensures that U.S. Habitat affiliates and mission-aligned entities have access to capital essential to land and property acquisition.
The new fund aims to unlock flexible capital for Habitat affiliates to build affordable housing at scale.
Community development financial institutions can reduce those barriers by unlocking access to basic financial services for those traditionally excluded by mainstream financial systems.
Habitat urges Congress to protect important programs and resources critical to international humanitarian and development programs, especially those critical for shelter and poverty reduction.
Drawing on 25 years of leadership in nongovernmental organizations and the private sector, Canagasingham will assume operational responsibility for Habitat in March 2020.