Penn Community Bank helps build Habitat for Humanity home
The board of directors worked to build a home that Penn Community Bank is sponsoring in the Habitat for Humanity of Bucks County development on Woodland Avenue
The Times
Penn Community Bank directors Robert L. Byers, Bruce Weed and W. Thomas Lomax participated in a build day for the Habitat for Humanity of Bucks County Woodland Park Project on Jan. 4 in Morrisville. Penn Community Bank team members Diane Brown, chief administrative officer, and Will Kadri, multi-site manager, joined the directors in the build.
“The participation from the team members and my colleagues on the board of directors exemplifies Penn Community Bank’s culture of volunteerism,” said Byers, who serves as chairman of the board. “We are proud to contribute to support affordable housing in Bucks County.”
In October 2018, Penn Community Bank announced a sponsorship pledge of $100,000 over the next three years to Habitat for Humanity of Bucks County to support the creation of affordable housing in the county.
“Along with the funds pledged for this project, the team at Penn Community Bank has generously donated their time and participation to help build this home,” said Florence Kawoczka, executive director of Habitat for Humanity of Bucks County. “Our partnerships with organizations such as Penn Community Bank help make the dream of being a homeowner a reality for hard-working Bucks County families.”
The homes in the Woodland Park development project will pave a path to homeownership for four deserving families. To qualify for Habitat’s homeownership program, families must invest at least 200 “sweat equity” hours in the building project, have a stable income and credit history, and be able to afford the projected monthly mortgage payments while earning an average of 60 percent to 80 percent of Bucks County’s median family income, which Habitat pegs at $87,400 for 2018.
The Philadelphia suburbs are among the most expensive places to live in Pennsylvania, often putting homeownership out of reach of lower-income earners. Supporting efforts to create safe, stable, affordable housing is one of Penn Community Bank’s four primary priorities for community giving.
The Woodland Park project will offer many more opportunities for volunteerism. To learn more and to get involved, visit habitatbucks.org/