MetLife Foundation and Habitat for Humanity International Announce Global Partnership
August 5, 2014 /3BL Media/ - MetLife Foundation announced today that it will donate $250,000 to Habitat for Humanity International to support the organization’s mission of providing safe, decent and affordable housing across the globe.
The 2014 partnership funding, along with the volunteer efforts of MetLife employees, will support new home builds, repairs and renovations in partnership with low-income families in several countries, including the United States, Brazil, Korea, the United Kingdom, Mexico, India and Bangladesh.
“Habitat for Humanity International is a leader in serving the need for safe and affordable housing around the globe,” said Dennis White, CEO and President of MetLife Foundation. “We are proud of our new global partnership, building on our 14-year relationship with Habitat that includes numerous housing builds with MetLife volunteers and through Habitat’s FlexCAP program.”
MetLife, Inc. has been an investor in Habitat’s Flexible Capital Access Program, or FlexCAP, since 1997. Habitat’s FlexCAP is a low-interest loan program available to Habitat affiliates to assist with developing and expanding access to affordable housing in their local communities.
“MetLife’s support of Habitat’s work has made it possible for us to serve many more families and transform communities in the U.S.,” said Jonathan Reckford, CEO of Habitat for Humanity International. “We are grateful for this new commitment from the MetLife Foundation that will enable Habitat to increase our impact around the world.”
About MetLife Foundation
MetLife Foundation was created in 1976 to continue MetLife’s long tradition of corporate contributions and community involvement. Since its founding through the end of 2013, MetLife Foundation has provided more than $600 million in grants and $70 million in program-related investments to organizations addressing issues that have a positive impact in their communities. Today, the Foundation is dedicated to advancing financial inclusion, committing $200 million over the next five years to help build a secure future for individuals and communities around the world. To learn more about MetLife Foundation, visit www.metlife.org.
About Habitat for Humanity International
Habitat for Humanity International’s vision is a world where everyone has a decent place to live. Anchored by the conviction that housing provides a critical foundation for breaking the cycle of poverty, Habitat has helped more than 4 million people construct, rehabilitate or preserve homes since 1976. Habitat also advocates to improve access to decent and affordable shelter and supports a variety of funding models that enable families with limited resources to make needed improvements on their homes as their time and resources allow. As a nonprofit Christian housing organization, Habitat works in more than 70 countries and welcomes people of all races, religions and nationalities to partner in its mission. To learn more, donate or volunteer visit habitat.org.