Monday , 28 May 2018

City Council/ MCDC Approves $140,000 for New Habitat Property

The McKinney City Council unanimously approved the recommendation from McKinney Community Development Corporation (MCDC) to award North Collin County Habitat for Humanity (NCCHFH) $140,000 toward the closing costs for a 50,000 sq. ft. building on Couch Street. The purchase of this building will allow NCCHFH to consolidate its 6 current locations under one roof. MCDC Board Chair, Tracy Rath, stated, “MCDC is proud to partner with Habitat for their multi-site consolidation. This is a great “green” initiative, and right on target with the mission of MCDC.”

NCCHFH will also receive a $10,000 donation from Watlin Group and Appian Commercial Realty/ Ray Eckenrode and a $7,000 donation from ViewPoint Bank to offset closing costs. ViewPoint Bank is providing financing for the new facility. “ViewPoint Bank is excited to partner with North Collin County Habitat for Humanity for this project. We love the mission of Habitat, and we look forward to celebrating their new growth and future success,” stated ViewPoint President, Alan McDonald.

In addition to these generous donors, the Meadows Foundation awarded NCCHFH $100,000 toward the purchase of the new facility.  “The Meadows Foundation is pleased to support North Collin County Habitat for Humanity and its efforts to build a new facility, that they might serve more families and address the issue of substandard housing”, said Meadows Foundation Vice President – Grants, Bruce H. Esterline. “This new consolidated facility will enable Habitat to increase its ReStore sales, divert items from Collin County landfills, serve more families, and ultimately contribute to the end of substandard housing”.

Habitat’s ReStore Director, Tony Sowell said, “Our ReStore will continue to provide an outlet for the recycling and reuse of used and surplus materials while encouraging sustainable living, the reduction of waste to the landfill and the building of community. The larger facility simply allows us to work more efficiently.”

The ReStore is a highly-successful program in many Habitat affiliates and is part of the “toolkit” for fundraising offered through Habitat for Humanity International, with more than 700 stores in the US, 50 of these in Texas. NCCHFH hopes to grow the ReStore to pay all affiliate expenses, guaranteeing that every dollar donated is spent on building homes, but needs to increase the amount of selling space to achieve that goal. With the purchase of the 50,000 square foot warehouse we can accomplish this. The ReStore currently covers the majority of the affiliate’s administrative costs, ensuring that a higher percentage of donor funds go directly into building homes, approximately 97%.

“People are very excited about this project,” Habitat’s Executive Director, Celeste Cox said. “The ReStore not only makes good quality products available at a reasonable price, and helps raise money to build Habitat houses, but also helps the environment by keeping perfectly good merchandise from ending up in the landfill”

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