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Habitat for Humanity Greater San Francisco

Habitat for Humanity Introduces Foreclosure Acquisition Program; Partners With the City of Menlo Park to Revitalize Neighborhoods

Published in Law and Health Weekly, June 13th, 2009

Habitat for Humanity Greater San Francisco announced it has begun acquiring bank-owned homes as part of its new Neighborhood Revitalization Program (NRP) -- the first of its kind in the San Francisco Bay Area. Habitat has committed $500,000 to launch the program, which will enable new affordable homeownership opportunities for local working families following rehabilitation of the homes by Habitat.

Habitat Greater San Francisco has also entered into a groundbreaking new partnership with the city of Menlo Park, which is investing an additional $500,000 in the program. With this combined initial investment of $1.0 million, Habitat plans to acquire and rehabilitate five...

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