Project Partners
The Nehemiah Project
Habitat's Partners
Bringing Home a Vision of the Future
The Banking Community
$1.5 million of new, no interest bank lines committed to Habitat by 14 banks for a total commitment of $3.7 million.
Participating banks are:
| Bankcorp South | |
Merchants and Planters Bank |
| BankPlus | |
OmniBank |
| Community Bank | |
PriorityOne Bank |
| Consumer National Bank | |
State Bank and Trust |
| First Commercial Bank | |
SouthTrust |
| Madison County Bank | |
Trustmark Bank |
| Merchants & Farmers Bank | |
Union Planters |
The investment of the banking community is significant. It leverages community donations enabling broader community participation by organizations sponsoring the construction of houses.
The Covenant Sponsors, Donors and Volunteers
The remainder of the $3.4 million needed to fund The Nehemiah Project will come from churches, companies, civic clubs, individual donors and fund raisers. For a complete listing of all 2003 covenant sponsors and covenant partners see the "Where We Are Building" page.
Habitat utilizes donated materials whenever possible to keep the cost of the house as low as possible. Over $250,000 of in kind donations from building suppliers, local and national business directly reduce the cost of the construction and enhance the quality of the homes. Current in kind participants are: (complete listing of Habitat Heroes is on the "Donation" page)
| Brunini Grantham Grower & Hewes | |
Cingular Wireless |
| Dow Corporation | |
H. P. Leasing |
| Maptech | |
Mississippi Valley Gas |
| River City Material | |
Tri State Brick |
| Whirlpool Corporation | |
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Habitat homes are built with volunteer labor from the community at large and the future homeowners doing sweat equity on their and other's homes. The 100 homes of
The Nehemiah Project will incorporate over 16,000 hours of volunteer labor and will aid in keeping construction costs low. If you would like to volunteer go to the "Get Involved" page.
The Habitat Homeowner
The 100 new Habitat families over the course of the next three years will bring the number of Habitat homes to 360. The new Habitat homeowners will provide 25,000 hours of sweat equity on their and other's homes. The homeowners will pay a no-interest mortgage payment leveraged by the no-interest bank lines and joined with covenant sponsors and donor contributions for future Habitat homes. Homeownership provides stability and dignity to these needy families.
City
The City awards HOME funds to Habitat for property acquisition and lot preparations. (No government funds are used in the construction of Habitat homes.) The City also aids by waiving fees for building.