WASHINGTON, DC – October 24, 2011 – (RealEstateRama) — Members of the American Bankers Association gathered in a new San Antonio community this weekend to build a Habitat for Humanity home for a family in need. With support from the Texas Bankers Association and the Federal Home Loan Bank of Dallas, as well as donations from bankers across the country the foundation built its eleventh home.
During the build, Mayor Julian Castro, Henry Cisneros and ABA President and CEO Frank Keating each delivered remarks about the importance of banks and local governments working together to build a better community.
“I’m proud of what ABA, our members and our state bankers association allies are able to do each year during our annual convention through the hard work of the ABA Housing Partners Foundation,” said Keating. “This home and others like it across the country represent an industry united.”
The Texas Bankers Association first broke ground on this house in September. The house will soon be completed and ready for Lorena Magdaleno and her four daughters, the home’s recipients, to move into.
“The foundation is grateful for all of the hard work and donations from bankers that helped us to build this home for a deserving family in San Antonio,” said Laura Fisher, president of ABA Housing Partners Foundation. “We work year-round to raise money for this annual build and this home demonstrates what we can accomplish together.”
The home was built in Coleman Ridge, a new development that will be composed entirely of Habitat homes and include a newly constructed elementary school.
The previous ten homes were built in New Orleans, San Francisco, Las Vegas, Washington, Orlando, Fla., San Diego, Chicago and Boston. Overall, ABA members have contributed $1.9 million and dedicated more than 5,000 volunteer hours.
The foundation’s mission is to promote and provide affordable housing in all communities, specifically those cities that host ABA’s Annual Convention. Supported entirely by donations, the foundation has been making a difference for 20 years.
Learn more about the ABA Housing Partners Foundation and make your contribution by visiting the website at aba.com/HousingPartners.
The American Bankers Association represents banks of all sizes and charters and is the voice for the nation’s $13 trillion banking industry and its two million employees. Learn more at aba.com.
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