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Economic Downturn Impacts Habitat for Humanity of Wausau

By
Commercial Real Estate Agent with NAI PFEFFERLE License #54598-90

Habitat for Humanity of Wausau, Inc.The economic downturn impacts Habitat for Humanity of Wausau. Habitat for Humanity of Wausau revenues that have been used to build houses for families living in substandard conditions have been reduced significantly because of the poor economy.  Contributions and revenue from fund-raising events are down 75% from previous years.  In response Habitat for Humanity's Board of Directors has reluctantly decided that it will suspend its partnership with Wausau East, DC Everest, and Mosinee High Schools in building homes.  No homes will be built through the partnership during the 2010-11 school year.  The partnership with the high schools has produced 19 homes since its inception in 2003.  Initial plans are for the organization to downsize and align its future home production with its revenue.  

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Habitat for Humanity Contacts: 

Ark Rhowmine, President:  297-1953 (Cell); arkr@gepwi.com

Berland Meyer, Vice-President:  241-6622 (Home); 573-7562 (Cell); bmeyer@pcpros.net

Michael Collins
*ROCK REALTY|Broker|Realtor|Real Estate|WI Short Sale Agent* - Janesville, WI
CDPE, SFR , Wisconsin Short Sale Specialist Realto

That's too bad, Habitat for Humanity is such a great program.  Have you been to any of the 'Re-Stores'?

Michael Collins - Broker - Rock Realty
Rock Solid Real Estate Strategies
www.RockRealtyWI.com

May 14, 2010 07:29 AM