OMAHA, Neb. (WOWT) — Trying to find a home in this tight real estate market is difficult, it’s even harder when you don’t qualify to buy your own home.
Habitat for Humanity Omaha is working to provide more mortgages for families. The nonprofit works with local businesses to help working families own a home instead of renting it.
Habitat Omaha welcomes officials from Tyson Foods to one of its brand new homes. They are revitalizing the neighborhood near 30th and Manderson.
For decades, Habitat Omaha businesses have been building and renovating homes and revitalizing suburban communities. Now the organization is shifting gears and working to help people get mortgage loans so they can buy their own homes.
“We have financial advisors who work one-on-one with Tyson employees. We also have several other partners in Omaha and work one-on-one with them to prepare a mortgage, remove roadblocks, clear loans, get a credit score, eliminate debt and talk about the importance of savings.” said Amanda Brewer, CEO of Habitat for Humanity Omaha.
Tyson Foods wants to help its employees find a way to buy their own homes. The meatpacking giant celebrated Tyson Habitat’s workers’ housing program by writing another big check.
“Tyson is a financial supporter of this process, we don’t choose who participates, we don’t choose how they participate, we just support Habitat to continue doing the good work they do,” said Garrett Dolan, Tyson Foods .
Already 30 families are ready for a mortgage. Ten of these families have closed their own homes. Rose Feliciano is one of Tyson’s new homeowners.
“It was very good, it wasn’t easy to build up credit and all that stuff, the people here from Habitat, they help you a lot, they do everything to help you.”
Tyson officials say their number one goal is to have the workforce they need to run their business and by helping employees own a home they hope to attract new employees and retain existing employees .
“We know that when we invest in this program and a team member invests energy in this program, they develop a deep sense of loyalty and will stay with us for years,” Dolan said.
Habitat Omaha officials say this program has been a great success. Giving more families the opportunity to realize their dream of owning their own home.
“They’ll be able to buy a house on the open market or maybe through Habitat doesn’t guarantee them a place, but it gives them all the benefit of having clear credit, getting credit for those who didn’t have and debt service,” Brewer said.
Children’s Hospital and Medical Center and Beardmore in Bellevue are also partners with Habitat Omaha working to help their employees prepare for homeownership.
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