NATIONAL
May 15, 2009 | TIMES WIRE REPORTS
Habitat for Humanity International received $100 million from J. Ronald Terwilliger of Atlanta, a former housing developer and a longtime member of Habitat's board of directors. Terwilliger is giving away his fortune piece by piece to support affordable housing. The group said it would use the money to help build 60,000 homes around the globe.
REAL ESTATE
September 19, 2004 | From Times wire reports
* In the wake of a succession of recent hurricanes, Habitat for Humanity International will use funds raised by a $500,000 matching fund challenge grant from the Case Foundation to help hard-hit Florida families pay insurance deductibles of up to $1,500. * The average rate on 30-year fixed mortgages fell to 5.75% last week from 5.83% the prior week, according to Freddie Mac. The 15-year fixed rate declined to 5.13% from 5.22%. The one-year adjustable averaged 4.03%, up from 4%.
CALIFORNIA | LOCAL
April 27, 2000 | Alex Murashko, (714) 966-5974
The City Council authorized the transfer of vacant property owned by the city's Redevelopment Agency to Habitat for Humanity of Orange County. Volunteers will build four low-income housing units on the lot at the corner of Westminster Boulevard and Edwards Street. The local agency is part of Habitat for Humanity International, which gained recognition in the U.S. when Jimmy Carter began participating in 1984.
REAL ESTATE
April 17, 2005 | From Times wire reports
Legislation was introduced in Washington on Wednesday that would provide investors a tax credit to encourage the construction and rehabilitation of homes for low- and middle-income families. The House bill, modeled after the low-income rental housing tax credit, is expected to generate nearly $2 billion in private investment annually for the construction or rehabilitation of about 50,000 homes for sale to lower-income families each year. The measure, introduced by Reps. Tom Reynolds (R-N.Y.
BUSINESS
September 1, 1994 | Debora Vrana, Times staff writer
Habitat Centers: Realty giant Coldwell Banker Corp. said it has selected the nonprofit Habitat for Humanity International as its main community activity. The realty company, based in Mission Viejo, said it will encourage its 2,300 offices nationwide to serve as community centers for Habitat activities and information. "Both Coldwell Banker and Habitat are in the business of helping people fulfill the American dream--owning their own homes," said Chandler Barton, Coldwell Banker's president.
CALIFORNIA | LOCAL
November 8, 1997 | From Times wire reports
The Salvation Army raised $1 billion in 1996--up more than $250 million from 1995--putting it at the top of the list for the fifth straight year in the Chronicle of Philanthropy's top 400 charities. Americans donated $25.9 billion in 1996 to the nation's 400 largest charities, the Washington-based Chronicle reported. The American Red Cross placed second, raising $479.9 million, followed by the American Cancer Society, which took in $426.