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03/07/2006
REALTORS® Deliver More Than $1.5 Million to Habitat Tsunami Effort Funds will be used to build “Realtor® Villages” for displaced families. WASHINGTON, D.C. (March 15, 2005)—The National Association of Realtors®, which launched a fundraising effort Jan. 4 to raise $1 million for Habitat for Humanity International’s tsunami rebuild efforts, has exceeded its goal, collecting more than $1.5 million in contributions from Realtors® and state and local associations. The organization presented HFHI with a check for $1,572,783.20 at a press conference at NAR’s new Washington, D.C., office building. The contribution included $50,000 donated by NAR to start the project. Funds will be used to build “Realtor® Villages” for families displaced during the Dec. 26 tsunami that devastated South Asia.
Overwhelming response from Realtors® sparked the idea to establish Realtor® Villages, which will be composed of permanent housing units that, in some cases, will be built on the foundation of previous homes. Each “core unit” will comprise one room and a veranda under a roof, plus sanitary facilities and will be expandable into larger homes following the initial building phase. At least 1,000 housing units will be built in India, Thailand, Sri Lanka, and the Sumatra area of Indonesia. “This is an outstanding accomplishment by the Realtors®, who initiated this effort only a couple of months ago,” said Tom Jones, vice president, Habitat for Humanity International. “We are both humbled and inspired by their rapid response and their generous level of giving.” All of the administrative costs of the conducting the Realtor® Tsunami Relief Project are being absorbed by NAR; 100 percent of all donations are going directly to Habitat for Humanity International for construction of the Realtor® Villages. About Habitat for Humanity Habitat for Humanity International, based in Americus, Ga., is an ecumenical Christian ministry dedicated to eliminating poverty housing. By the end of 2005, Habitat will have built its 200,000th house and more than one million people will be living in Habitat homes they helped build. Visit www.habitat.org About The National Association of Realtors® The National Association of Realtors®, “The Voice for Real Estate,” is America’s largest trade association, representing 1 million members involved in all aspects of the residential and commercial real estate industries. Information about NAR is available at REALTOR.org. This and other news releases are posted in the Web site’s “News Media” section in the NAR Media Center. Read the NAR Media Center's tsunami check handoff release. Coverage of Tsunami Relief Project REALTOR.org has covered the REALTOR® Tsunami Relief Project closely since its inception in early January. Learn more about the relief project, including details of "core homes" and construction, the NAR association/MLS contribution list and more. Read more > State/Local Associations/MLSs Sponsor Core Home Builds View a list of state and local associations and MLSs who, through their generous donations to the REALTOR® Tsunami Relief Project, are sponsoring individual home builds. Some associations and MLSs have donated at such high-levels to support the development of "REALTOR® Villages." Read more > |
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