| Habitat for Humanity homes are sold to partner families and individuals at no profit |
AMAG Technology allocated November 20, 2013 to help Habitat for Humanity of Greater Los Angeles build a home in the LA community. In addition to the company’s generous financial donation, all office employees invested a full day and worked together to help finish a home in Lynwood, California. AMAG Technology is an access control, IP video and intrusion management (IDS) solution provider.
“We are proud to be partnering with Habitat for Humanity of Greater Los Angeles on both a financial and volunteer level for a second year in a row,” said Bob Sawyer, President and CEO, AMAG Technology. “Working together on a Habitat for Humanity home builds teamwork among employees and rallies everyone around a great cause. AMAG is honoured and proud to be part of Habitat for Humanity's mission to provide affordable housing to deserving families.”
Los Angeles is one of the most expensive housing markets in the United States, and Habitat for Humanity is one of the few affordable home ownership programs that assists low-income families. The high cost of home ownership and overcrowding remain the most serious challenges faced by low-income residents. By working with volunteers, donors and corporations like AMAG Technology, Habitat for Humanity works to alleviate these challenges and make homeownership possible for low-income, hardworking families.
Habitat for Humanity homes are sold to partner families and individuals at no profit, financed with affordable, no-interest loans. Habitat for Humanity provides a hand-up, not a hand-out. In addition to a down payment and the monthly mortgage payments, partner homeowners invest up to 500 hours of labour into building their home and the homes of others.
Habitat for Humanity has built more than 500,000 homes around the world, providing more than 2 million people in more than 3,000 communities with simple, sustainable and affordable shelter.