Thrivent is awarding Habitat for Humanity of Lake-Sumter a contribution of $5,000 to help families in Lake and Sumter Counties 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, Habitat Lake-Sumter will sustain affordable homeownership costs for more than 10 families locally.
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.
“We are grateful to partner with Thrivent and offer ongoing support for our Habitat homeowners,” Danielle Stroud, senior director of programs and partnerships, says in a news release. “No one should lose their home because of lost income or unexpected financial burdens caused by the pandemic. Because of Thrivent, we’re able to provide continued stability for local families.”
Habitat for Humanity of Lake-Sumter 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.