LANSING - Habitat for Humanity of Michigan has a new partner to help support its Housing Counseling and Financial Education program.
The statewide nonprofit housing organization today announced that Bloomington, Ill.-based financial services and insurance agency State Farm Insurance has contributed $25,000 toward the program that aims to assist people with personal finance best practices.
“When people think of Habitat for Humanity, they think most often of building new houses,” Sandy Pearson, president and CEO of Habitat for Humanity of Michigan, said in a statement. “There are many steps that take place before the home is built. How can we responsibly build homes if we do not have people who are financially ready to purchase them? Our Financial Education network helps families create realistic goals and achievable plans around their finances so they are in the best place possible before taking the next step of purchasing a home.”
For State Farm, the organization says that helping people achieve long-term financial stability stands as part of its mission.
“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 nonprofits like Habitat for Humanity of Michigan that support affordable housing, first time homeowners, community revitalization, and economic development,” Lansing State Farm Agent Jennifer Blumer said in a statement.