Learn more about SVB 30 Years | 30 Causes
Thanks to Austin Habitat For Humanity 340 families in our area now have a home of their own. For 27 years, the not-for-profit organization has been dedicated to ending the cycle of poverty and creating affordable housing for people in Austin. During our 30th year in business we decided to celebrate by joining Habitat in its mission to build homes, communities and hope, as part of our 30 Years | 30 Causes campaign.
Fourteen SVB volunteers from our Austin office (plus 3 of our Colorado colleagues) contributed to the final stages of construction on a home for a local family. A village of dedicated volunteers had already been working on the home's construction for eight weeks. For our part, we helped build a fence in the backyard, painted the exterior of the home including three doors with caulking and trim. Our group was well equipped with tools and instruction from Habitat's highly-skilled and knowledgeable staff. Spending the day together was a great team-building effort, that in the end will change the lives of the family who will soon move into their new home.
Before we arrived, the new owners and many other volunteers had poured a lot of energy and hard work into the home. Each family that benefits from a Habitat home is required to contribute to the construction of a home for another family. Mr. and Mrs. Gemeda (who have 2 children) had already contributed 300 hours of sweat equity on the day we volunteered on their house. Once finished, families buy them from Austin Habitat with a 0-percent, 30-year mortgage. The mortgage is paid to Austin Habitat that uses those payments to build more homes. Importantly, Austin Habitat For Humanity doesn't just build houses. The organization creates a sustainable and strong community where people help other people. We were humbled and happy to be a part of this build.
There are still many more hardworking families in Austin who are seeking decent affordable housing. Learn how you can volunteer or donate to this cause.
About 30 Years | 30 Causes
The “30 Years |30 Causes” campaign was developed after Silicon Valley Bank crowd sourced ideas from its employees to celebrate its 30th anniversary. The company will host 30 community service events around the world near each of its offices in 2013. A listing of SVB’s 30 Years | 30 Causes events, as well as photos, will be updated at www.svb.com/svb-30-years/ and www.facebook.com/SVBFinancialGroup Follow @SVB_Financial’s community service initiatives on Twitter with #SVB30. Points of Light is assisting SVB with the development and execution of these events worldwide.