Habitat receives transformational gift from MacKenzie Scott
Asheville Area Habitat for Humanity, Habitat for Humanity International and 83 Habitat affiliates receive transformational $436M gift from MacKenzie Scott
Asheville Habitat will use gift to address affordable housing shortage in Buncombe and Madison Counties
ASHEVILLE, NC (March 22, 2022) — Asheville Area Habitat for Humanity, along with Habitat for Humanity International and 83 U.S. Habitat affiliate organizations, recently received $436 million in unrestricted giving from American author and philanthropist MacKenzie Scott. [Of that, Asheville Habitat received $5M.] This transformational donation will substantially help further Habitat’s vision of a world where everyone has equitable access to a safe, decent and affordable place to call home.
“We are incredibly grateful and honored to receive this gift. It comes at an opportune time as we are finalizing our ambitious five-year strategic plan that will keep us on track to realize our current 10-year vision of serving another 1,000 families by 2028,” shared Andy Barnett, Executive Director of Asheville Area Habitat for Humanity.
Over the next 3-5 years, Asheville Habitat will use the $5 million donation to ramp up its home repair program, accelerate its new home construction program in Buncombe County, expand services to Madison County, and secure land to build future Habitat neighborhoods.
Affordable housing is needed more than ever before. Housing costs far outweigh local salaries and nearly half of all households in Buncombe County (48.5 percent) are “cost-burdened,” meaning that they pay more than 30 percent of income toward housing. Nearly two in five households in Buncombe are “severely” cost-burdened, paying half of more of all income to meet housing costs. “Receiving these generous and unrestricted funds allows us to scale up our work and meet more of the growing needs of our region,” added Barnett.
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About Asheville Area Habitat for Humanity
Founded in 1983, Asheville Area Habitat for Humanity was the first Habitat affiliate in North Carolina. Through Habitat homeownership and home repair programs, 2,000 adults and children in Buncombe County have achieved the strength, stability and self-reliance they need to build a better future. A decent place to call home and an affordable mortgage enables Habitat homeowners to save more, invest in education, pursue opportunities and have greater financial stability. Learn more about Asheville Area Habitat, a Charity Navigator 4-star non-profit, and how you can get involved at ashevillehabitat.org.
About Habitat for Humanity International
Driven by the vision that everyone needs a decent place to live, Habitat for Humanity found its earliest inspirations as a grassroots movement on an interracial community farm in south Georgia. Since its founding in 1976, the Christian housing organization has grown to become a leading global nonprofit working in local communities across all 50 states in the U.S. and in more than 70 countries. Families and individuals in need of a hand up partner with Habitat for Humanity to build or improve a place they can call home. Habitat homeowners help build their own homes alongside volunteers and pay an affordable mortgage. Through financial support, volunteering or adding a voice to support affordable housing, everyone can help families achieve the strength, stability and self-reliance they need to build better lives for themselves. Through shelter, we empower. To learn more, visit habitat.org.