Posted June 25, 2018
Funds to assist expansion of financial coaching network in Michigan
Lansing, Mich. – Habitat for Humanity of Michigan (HFHM) today announced that State Farm® is contributing $25,000 to support its Housing Counseling and Financial Education program.
“Our housing counseling and financial education team provides a valuable service for consumers seeking to improve their financial well-being and understanding,” stated Sandy Pearson, President and CEO of Habitat for Humanity of Michigan. “For those who want to apply to become a homeowner, our coaches support consumers in establishing achievable goals. They also work with the local Habitat affiliates to select homeowner partners who are on a path towards success. Even if homeownership is not the end goal, our financial coaches can help consumers achieve the confidence, stability, and self-reliance that comes with being in control of your finances.”
Pearson joined State Farm Agent Jennifer Blumer to receive the contribution. Also in attendance were Representative Tom Barrett, Senator Curtis Hertel Jr., Senator Rick Jones, Thom Connolly and Lansing area State Farm Agents Stacy Lewis and Steve Stagg.
“Strong neighborhoods are the foundation of a strong society, and that’s why State Farm is committed to maintaining the vibrancy of our communities by assisting non-profits like Habitat for Humanity of Michigan that support financial education, affordable housing, first time homeowners, community revitalization, and economic development,” said Lansing State Farm Agent Jennifer Blumer.
Many Michigan Habitat affiliates have been providing housing counseling and financial education as a part of their housing programs for several years; some programs have been operating nearly 10 years. HFHM has been coordinating the Statewide Counseling and Education program since 2015, which includes 5 Habitat for Humanity affiliates in Saginaw, Genesee, Oakland, Monroe and Washtenaw Counties, as well as the State Support Organization in Lansing. Housing Counseling and Financial Education is now available to residents in all Michigan counties. This year, services have been provided in 46 counties with the intention to expand to all 83 counties using in-person as well as online education and counseling. Consumers who attend HUD approved financial education classes are also offered the opportunity to work individually with a Counselor / Coach to pursue their individual financial stability and housing related goals. Habitat for Humanity aspires to work with all Michigan consumers who wish to increase the financial capabilities available to them.
HFHM became a HUD certified housing counseling agency in 2017.