Accunet Mortgage is issuing a matching donation challenge to all past and current clients, friends and fans of Accunet, real estate agents and even competitors (truly anyone reading this message) to help build 2 more Habitat for Humanity homes in Milwaukee’s Washington Park neighborhood in 2018.
A full-home sponsorship is $75,000, so for every dollar you donate, Accunet will match it up to a total match of $75,000. Your donation + Accunet’s match = 2 more Habitat Homes for 2 hard-working, low-income Milwaukee families. Donate now!
The matching challenge coincides with Milwaukee Habitat’s annual fundraising dinner on Thursday, October 12, so we expect to reach the $75,000 match amount by 9pm that day. Donate on or before October 12 to have the best chance of your donation being doubled.
Habitat for Humanity is NOT a giveaway program. Habitat homeowners are required to pay back a mortgage equal to the fair market value of the home (typically about $95,000) over a loan term that makes sure no more than 30% of their monthly income goes toward the house payment (including taxes and insurance). The rate on the mortgage from Habitat is at a rate that’s even lower than what Accunet could offer – 0%.
Additionally, the homeowners are required to donate between 300 and 500 hours of “sweat equity” in their home construction or the building of another Habitat for Humanity home. They also complete extensive financial counseling and homeownership training.
Habitat improves the entire neighborhood. More than 215 families now have safe, affordable homes in Milwaukee’s Washington Park neighborhood thanks to Milwaukee Habitat and its donors. Crime has decreased 48% on the blocks where they’ve built and repaired homes, because homeownership not only improves the lives of the individual families, but everyone around them. Vacant lots and condemned homes are also returned to the tax rolls as property-tax-producing properties.
How much should you donate? Any donation is appreciated, but here’s an idea – Maybe you saved $75 a month by refinancing with Accunet, or maybe more. Would you consider donating one month of savings to help a Habitat homeowner and stabilize Milwaukee’s home values? Donate now!