September 20, 2011 12:52:00 PM
Cadence Bank has announced it is investing $60,000 during the next three years in Columbus Lowndes Habitat for Humanity. Cadence Bank will contribute $20,000 per year to help eliminate poverty housing in Lowndes County.
"We are so grateful for the support of Cadence Bank," said Kathy Arinder, executive director of Columbus Lowndes Habitat for Humanity. "Cadence's commitment will help us fulfill our mission and serve more families in need of affordable housing. We look forward to a great partnership with Cadence as we work together to build homes for deserving families."
"Our donation to Habitat for Humanity reflects our company's commitment to help make homeownership a reality for low-income individuals and families," commented Jim McAlexander, president of Cadence Bank in Columbus.
"Cadence Bank and our employees are committed to making a difference in the communities where we live and work, and we feel our relationship with Habitat will help build a stronger community. Our employees are excited to get involved in hands-on building, as together Cadence and Habitat help out a family in need."
Cadence Bank has a strong commitment to affordable housing and partners with non-profit organizations like Habitat for Humanity across its six-state footprint. By partnering with Habitat for Humanity, Cadence Bank can leverage its human and financial resources to help make homeownership a reality for low-income families and transform neighborhoods one house at a time.
Cadence Financial Corporation is a $1.6 billion bank holding company providing full financial services, including banking, trust services, mortgage services and investment products in Mississippi, Tennessee, Alabama, Florida, Georgia and Texas.
Habitat for Humanity is a nonprofit, ecumenical Christian housing ministry dedicated to eliminating poverty housing. Columbus Lowndes Habitat has built 38 homes since its founding in 1989.
Habitat houses are built with volunteer labor and sold to partner families, at no profit and with no interest charged. Partner families make a down payment, invest hours of sweat equity into the construction of their homes and pay monthly mortgage payments with no interest on principal plus taxes and insurance. For more information, please contact Kathy Arinder, [email protected] or 662-329-2501.
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