Good Deeds

Patterson Foundation Purchases Charlotte County Habitat for Humanity Mortgages

The one-time purchase will give Charlotte County Habitat for Humanity the capacity to build 70 homes over the next two years.

By Staff January 22, 2021

The Patterson Foundation, in collaboration with Northern Trust, is buying $1 million in Charlotte County Habitat for Humanity mortgages to provide liquidity to boost affordable homes for people in the region. The one-time purchase will give Charlotte County Habitat for Humanity the capacity to build 70 homes over the next two years, helping more local families and individuals achieve the dream of home ownership.

The Covid-19 pandemic has created significant financial trauma for many in our region, impeding their ability to provide their family with a safe, dignified place to live. This has dramatically increased demand for Charlotte County Habitat for Humanity’s ongoing work to construct, rehabilitate and preserve homes for families and individuals in need.

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