FOR IMMEDIATE RELEASE: May 26, 2011
CONTACT: Paul Boyer
Several state Representatives will be working on Friday, May 27 in downtown Chandler from 8:00am to 2:30pm on a home renovation project with Habitat for Humanity Central Arizona.
Representatives Eddie Farnsworth, Tom Forese, J.D. Mesnard, Steve Montenegro, Terri Proud, Amanda Reeve, David Stevens will all be in attendance to help renovate the foreclosed home.
“Habitat is a wonderful organization that instills the pride of home ownership through the personal responsibility and sweat equity each future homeowner must provide in order to move in,” Representative J.D. Mesnard said. “I’m thrilled about helping this couple renovate their future home and pleased to see the city of Chandler partnering with Habitat to serve our residents through these projects.”
To qualify, future Habitat homeowners must earn 30 to 60 percent of the area median income; take classes on financial fitness and home maintenance since many are first time homeowners. They must work 100 construction hours on a renovated home known as “sweat equity” prior to moving in. They receive a 0 percent interest mortgage paid to Habitat which goes into a fund that allows them to purchase more land along with the “sticks and bricks” to build/renovate even further.