Athene Donates $500,000 to Greater Des Moines Habitat for Humanity
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Athene has committed $500,000 to Greater Des Moines Habitat for Humanity over five years to expand access to affordable housing in Central Iowa. The announcement was made during Habitat’s annual Key Awards event, where Athene was also honored for its leadership in supporting affordable housing solutions within the community. This donation builds on a strong partnership between the two organizations, combining financial support with volunteer efforts to increase housing stability for local families.
Expanding Affordable Housing in Central Iowa
The need for affordable housing remains a meaningful challenge in many communities, including the Greater Des Moines area. According to the National Low Income Housing Coalition, there is a shortage of affordable rental homes for extremely low-income renters in nearly every county in the United States. Initiatives like this donation from Athene are crucial to addressing this gap.
Greater Des Moines Habitat for Humanity works to build strength,stability and self-reliance through shelter. They partner with families to help them build or improve their own homes.This model emphasizes homeownership as a pathway to long-term financial and social well-being.
The Partnership between Athene and Habitat for Humanity
Athene’s support extends beyond financial contributions. The company actively encourages employee volunteerism,providing a powerful combination of resources to Habitat for Humanity.
“We are grateful for the partnership we have created with Athene,” said Lance Henning, CEO of Greater Des Moines Habitat for Humanity, in a press release. “The combination of financial support and volunteerism from Athene has been a powerful boost in expanding affordable housing in the region.Together, we are creating greater stability, chance and hope for the families we serve.”
Athene’s recognition at the Key Awards event underscores its commitment to corporate social responsibility and its dedication to improving the communities where it operates.
Impact of the Donation
the $500,000 donation will be distributed over five years, allowing Greater Des Moines Habitat for Humanity to plan for sustained growth and impact. Funds will likely be used for:
* Construction Materials: purchasing lumber, roofing, and other essential building supplies.
* Land Acquisition: Securing land for new home construction.
* Homeowner Support Services: Providing financial literacy training and other resources to help families succeed in homeownership.
* Administrative Costs: Supporting the operational needs of the institution.
Key takeaways
* Athene has donated $500,000 to Greater Des Moines Habitat for Humanity.
* The donation will be distributed over five years.
* The partnership between Athene and Habitat for Humanity combines financial support with employee volunteerism.
* The funds will be used to expand access to affordable housing in Central Iowa.
This donation represents a significant investment in the future of Central Iowa families and demonstrates the power of public-private partnerships in addressing critical community needs. Continued collaboration between organizations like Athene and Greater Des Moines Habitat for Humanity will be essential to creating a more equitable and sustainable housing landscape.