Verity and Harborstone Credit Unions Donate $72,000 to Habitat for Humanity
March 30, 2021
Verity Credit Union, Harborstone Credit Union, and Credit Union Home Mortgage Solutions (CUHMS) have donated $72,000 to Habitat for Humanity, with Habitat Seattle/King County and Habitat Tacoma/Pierce County each receiving $36,000.
CUHMS is a Credit Union Service Organization co-owned by Verity and Harborstone. It handles the funding, closing, and servicing of home loans for both credit unions.
“These donations represent our commitment to donate $100 for every mortgage loan funded in 2020,” said Brian Pouch, President of CUHMS. “We are thrilled to be making a much larger donation this year, thanks to the mortgage refinance boom brought on by low interest rates.”
In Seattle and throughout King County, the funds will go toward 57 homebuilding projects currently underway.
“We have ambitious goals to try and meet the housing need in King County,” said Bret D’Antonio, CEO of King County Habitat for Humanity. “We now have 200 houses in the pipeline, with 57 different construction projects going on right now.”
For Tacoma and the Pierce County area, the donation will be used to fund new home construction for low-income households.
“We are finishing up an 11-home neighborhood in Midland and have two new developments underway — one in the Fernhill neighborhood of Tacoma and the other in Gig Harbor,” said Tacoma Habitat for Humanity CEO, Maureen Fife. “We have a long pipeline of interested homeowners because the need is so great. Partnerships like this one help us continue to build, as well as expand into new program areas like critical home repair for seniors and HUD-certified housing counselling.”
Habitat for Humanity’s core mission is to help homeowners achieve the strength, stability, and self-reliance they need to build better futures for themselves and their families. Verity President and CEO, John Zmolek, and Harborstone President and CEO, Phil Jones, thanked both CUHMS and Habitat for Humanity for the work they are doing to serve the community and create affordable housing.
“Credit unions are based on the concept of People Helping People, and providing affordable housing is vital to our communities,” said Zmolek.
Jones echoed that sentiment, adding, “We appreciate partnering with nonprofits like Habitat for Humanity who are making such a significant impact in so many people’s lives.”
In past years, the CUHMS team joined Habitat for Humanity for a day of volunteer work by helping to remodel one of the organization’s stores. Employees of both credit unions look forward to participating in a Habitat for Humanity build once COVID-19 restrictions ease.
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