MEMPHIS, TENN. (Sept. 16, 2019) – Habitat for Humanity of Greater Memphis today began building nine new homes in the Castalia Heights neighborhood with those future homebuyers and local volunteers. This fall’s build season, which lasts through early November, marks the first phase of construction for a new planned development that Memphis Habitat is calling Cedar Heights. The community will eventually be home to 32 new families who will build and buy their first homes through Memphis Habitat’s affordable mortgage program.
“We are so excited to start building our Cedar Heights community with nine first-time homebuyers and a host of local volunteers and sponsors,” said Dwayne Spencer, president and CEO of Memphis Habitat. “Strong and stable homes help build strong and stable communities, and we believe that, with a little help, everyone has the potential to stand on their own. Through the help of our sponsors, volunteers and other supporters, these families will have the opportunity to build the strength, stability and self-reliance they need to build better lives for themselves.”
Like all Habitat homeowners, these nine families will buy their homes through Habitat’s affordable mortgage program. In order to purchase those homes, applicants must meet Habitat’s criteria of need and ability to repay the mortgage; agree to attend a multi-week financial and homebuyer education course; and help build their own homes. House-building sponsors make Habitat’s new homeownership opportunities possible by providing volunteer time and financial support, which helps pay for home construction costs, pre- and post-purchase training and support for families, and other programmatic costs.
Habitat for Humanity of Greater Memphis was founded in 1983 by a group of citizens concerned with the availability of and access to decent, affordable homeownership opportunities. Since then, Memphis Habitat has helped more than 500 local families build and buy their first homes; served more than 650 existing homeowners through its Neighborhood Revitalization and Aging In Place programs; brought a spotlight to Memphis as the host site of Habitat for Humanity International’s 2016 Jimmy and Rosalynn Carter Work Project; and brought together community development and housing policy experts in 2018 to discuss affordable housing 50 years after the passage of the Fair Housing Act. Memphis Habitat is currently ranked 40th in total families served among more than 1,000 Habitat affiliates in North America.
Sponsors supporting Memphis Habitat’s building efforts this fall include The Burnett Family; Ed and Sue Clark; FedEx; Habitat for Humanity of Tennessee; ServiceMaster; the Tennessee Housing Development Agency; International Paper; Wells Fargo Foundation; AutoZone; Bank of America; Orgill, Inc.; American Snuff Company; Germantown Presbyterian Church; Nike Tennessee, Inc.; the Shelby County Board of Commissioners; CBRE; Holy Rosary Catholic Church; IBERIABANK; St. Luke Lutheran Church; Thompson Machinery; Faith Presbyterian Church; Georgia Pacific Memphis Cellulose; Junior League of Memphis; Millstone Medical; Prism Medical Products; and SSR, Inc. Additional build support is provided by Alpha Kappa Alpha Sorority, Inc.; BancorpSouth; Christian Brothers University – Theta Tau; Dow; E-Box; Friends of the Memphis Public Library; Germantown High School; Germantown United Methodist Church; Inventory Locator Service; Regions Bank; Rhodes College; Valero Memphis Refinery; Valspar; Whirlpool; and Yale Lock.
Memphis Habitat is still seeking support for its home-building efforts in 2019 and into 2020. For information on how to support and build with Memphis Habitat, visit www.memphishabitat.com or call 901-761-4771.
About Habitat for Humanity of Greater Memphis
Habitat for Humanity of Greater Memphis partners with people in our community to help them build or improve places they can call home through new home construction, rehabilitation projects and Aging in Place accessibility and mobility modifications for homeowners age 60 and older. Since 1983, Memphis Habitat has helped more 500 first-time homebuyers secure affordable mortgages and completed rehabilitation and home modification projects in partnership with more than 650 local homeowners, helping them achieve the independence they need to build a better life for themselves and their families. For more information, visit memphishabitat.com.
# # #
IN THIS SECTION