Mitchell Regional Habitat for Humanity has received a $7,500 check from First National Bank, MRHFH Executive Director Debbie Asmus announced Thursday. The affiliate is one of two South Dakota affiliates to receive First National Bank grant funding to support safe, affordable housing construction and home repairs for low income homeowners.
"We are so grateful for First National's ongoing support for affordable housing in the communities it serves," said Asmus. "... The timing is especially helpful, since this grant follows our successful Garden Party earlier this month and gives us even more resources to accomplish a lot this summer," said Asmus.
The grants to Mitchell Habitat and the Yankton Habitat affiliate are two of over 40 such awards First National Bank has made this year. More than $800,000 was distributed in this grant cycle to support programs that focus on increasing access to stable housing, revitalizing neighborhoods, and building strong local economies.
Since 2001, Mitchell Habitat has built or repaired more than 25 homes in Davison and Hanson counties in cooperation with volunteers, businesses, and qualified partner families. The organization is currently building its seventh new home, located in Mitchell, and is seeking applicants for exterior repair projects to be completed on existing homes later this summer. New homeowner families complete 200 to 400 hours of sweat equity working on their homes and the homes of others.
When the home is completed, they purchase their homes from Habitat using a 30-year, no interest mortgage. These partner families must meet strict income and credit requirements in order to qualify for the Habitat for Humanity program.