Maui Business

Thrivent Donates to Habitat for Humanity Maui for Mortgage Relief during Pandemic

December 17, 2020, 10:24 AM HST
* Updated December 18, 5:05 AM
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Some families affected by COVID-19 and living in homes built by Habitat for Humanity Maui are receiving mortgage relief due to a donation from Thrivent. Photo Credit: Habitat for Humanity Maui.

Thrivent, a diversified financial services organization, donated $5,000 to Habitat for Humanity Maui to help more than 10 families on Maui stay in their homes.

Thrivent’s donation will allow Habitat to provide mortgage relief to Habitat homeowners who need temporary assistance making their mortgage payments during the COVID-19 pandemic.

Prior to the spread of the novel coronavirus, more than 18 million households across
the United States were paying half or more of their income on a place to live. As the pandemic continues to cause job disruption and economic fallout, many households are
enduring lay-offs, unemployment and pay cuts. This wage loss has amplified the
financial burden on households to maintain essential payments and can result in
families having to trade-off between bills, mortgage or medical care.

“With layoffs happening this year due to the pandemic, many people are struggling to
make mortgage payments and other essential expenses,” said Sherri Dodson,
Executive Director of Habitat for Humanity Maui. “This award from Thrivent allowed us
to provide families with some financial relief during this difficult time.”

Habitat for Humanity Maui is one of 100 local Habitat organizations across the nation
partnering with Thrivent to help families stay in their homes during the COVID-19
pandemic. Thrivent is donating a total of $750,000 to Habitat for Humanity to assist
with mortgage-related relief and prevent foreclosures across the U.S.

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“This year has been incredibly difficult for many people as financial hardship has
added stress and anxiety to daily lives,” said Nikki Sorum, senior vice president of
Thrivent Advisors at Thrivent. “This pandemic has underscored how important it is for
people to have safe, affordable homes. Given all we have endured in 2020, we are
especially honored to provide financial support to Habitat for Humanity to help people
stay in their homes so they can continue to build toward financial stability.”

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