PeopleTrust changes name to HomeBase and acquired by Austin Habitat for Humanity
AUSTIN (October 3, 2012) – After acquiring PeopleTrust in November 2011, Austin Habitat for Humanity has announced a new name for the organization – HomeBase. HomeBase properties are affordable homes built and sold through conventional builders for residents 80 percent and below Median Family Income (MFI). Austin Habitat for Humanity will continue to serve neighbors falling 60 percent and below MFI through sponsored homes built by dedicated volunteers.
“PeopleTrust was founded on the belief that affordable homeownership is crucial to promoting opportunity, wealth and stability for working families,” said Kelly Weiss, CEO of Austin Habitat for Humanity and President of HomeBase. “We like the name HomeBase, as this is what every family wants…a safe, home base.”
Much like Austin Habitat for Humanity, HomeBase uses long-term affordable homeownership models to produce high-impact, high-volume results, creating broad social change for working families and community. Shared equity housing models ensure homes remain affordable to lower income households on a long-term basis and preserves affordable housing where rising prices are forcing lower-income households out of the market.
HomeBase is one of ten housing organizations nationwide selected to participate in a grant – funded program
“Our clients are hard-working people who can’t get ahead with the rising cost of rent and housing in Austin,” said Weiss. “We’re talking about city and county employees, service industry employees and childcare workers. These people struggle to keep their families in a stable environment and we’re thrilled to help them find and purchase affordable homes.”
HomeBase is currently offering homes in the Mueller community and in the West Gate community located in South Austin. HomeBase has moved its headquarters to 55 North IH-35, Suite 240, Austin, TX, 78702. Anyone interested in applying for an affordable home through HomeBase should call 512-410-6616 for more information.
Austin Habitat for Humanity acquired HomeBase in November 2011. Together, both organizations are positioned to serve Travis, Caldwell, and most recently Bastrop, counties to ensure the American Dream remains available to working families who could not otherwise afford a safe, decent place to live. Both organizations work together to serve more than 100 families annually through their affordable homeownership programs.