51.8 °F

Habitat for Humanity ranks No. 6 among largest homebuilders in the U.S.

Posted: 0000-00-00 00:00:00

North St. Louis County Habitat for Humanity has partnered with 41 families to build as many homes in 13 communities across North St. Louis County. Add this performance to the nearly 1500 other Habitat affiliates across the country and it is no wonder that Habitat for Humanity International is ranked as the sixth largest homebuilder in the United States with 6,032 closings in 2010, according to Builder magazine’s annual survey. This is the second consecutive year Habitat has ranked in the top 10 on the list.
“Our placement on the Builder 100 list is a testament to what can be accomplished when people work together,” said Larry Gluth, senior vice president of U.S. and Canada for Habitat for Humanity International. “So many families in the United States and around the world face an incredible need for affordable housing, and this need only increases during challenging economic times. Habitat works every day to help these families, and we are grateful for the generosity of our donors, volunteers and advocates who have joined our efforts to help families obtain safe, decent and affordable homes and to strengthen communities.”
The Builder 100 list is an annual compilation of the largest homebuilders in the country. In 2009, Habitat ranked No. 8 on the list with 5,294 closings, which marked the first time the organization made it into the top 10.
Habitat’s 2010 increased number of home closings was due in part to the organization’s Neighborhood Revitalization Initiative (NRI). Through NRI, Habitat affiliates seek to purchase and rehabilitate foreclosed properties to turn them into affordable housing in partnership with low-income families and to strengthen neighborhoods affected by the current housing market. Habitat helped an additional 2,327 families with repairs to their homes in the United States.