Grass Valley, Calif. February 8, 2018 – With gratitude Nevada County Habitat for Humanity is pleased to announce the single largest individual gift in the organization’s history. An anonymous donor made an extraordinary gift to Habitat of a Nevada City home and property. Habitat was able to sell the home and realize income of $280,000. These funds will be used to carry out their mission of providing affordable home ownership opportunities for Nevada County low-income residents.
“This transformational gift couldn’t have come at a better time, when the need for affordable housing is so critical,” said Debbie Arakel, Executive Director. “This timely income will help us start an entirely new neighborhood. We are currently inviting prospective homeowners to attend application orientation meetings and have over 200 registered already, which demonstrates the tremendous need here in Nevada County,” said Arakel.
Sky high prices and a severe housing shortage result in major challenges to fulfilling a critical basic need for stable housing. This major gift allows Habitat to explore and implement ways to meet this growing need. Last year, Habitat purchased a new parcel with plans for a future Habitat neighborhood of four to five homes. Land, infrastructure and impact fees are Habitat’s most challenging expense, so this extraordinary gift allows Habitat to plan and design the development as economically as possible.
“We are always aware of the tremendous need in front of us for decent, affordable shelter in this community. It is because of the generosity of this community that we can build as we are now, but with extraordinary legacy gifts like this we have a chance to accelerate our work, build our capacity, and help more people. We are honored and humbled in the face of this generosity.” said Gordon Beatie, Habitat Board Member and Fund Development Chair.
With major philanthropic investments like this in affordable homeownership, Habitat for Humanity can effectively leverage funds for greater impact in our community. If you would like to learn more about how a planned gift would create affordable homeownership and community for families in Nevada County, we welcome your interest and ask you to please contact Lorraine Larson, Development Director at email@example.com, or 530-206-8100 to arrange a personal meeting.
About Nevada County Habitat for Humanity
Nevada County Habitat for Humanity (NCHFH) was organized in mid-1995 to address the growing and recognized need for affordable housing in Nevada County. Habitat is committed to achieving the mission of providing safe and decent affordable homes for hard-working local residents. To date NCHFH has completed 31 homes across Nevada County providing affordable homeownership for 47 adults and 88 children. www.nchabitat.org