Press Room

GMAC Helps Deliver a Holiday Dream Come True

St. Louis native receives new home for family of six

Dec 18, 2006

 

 

 

ST. LOUIS – GMAC Financial Services and Habitat for Humanity St. Louis have teamed up in the holiday spirit to build a new home for a St. Louis native and her five daughters.

Ayanna, an active Habitat volunteer, has been living with her daughters in her mother's home, cramped together under one roof. Having invested more than 300 hours of sweat equity on her new home as well as additional homes in her community, Ayanna says she has experienced first-hand how Habitat sponsors give deserving families the opportunity for a new beginning. Thanks to Habitat for Humanity St. Louis and GMAC Financial Services, this holiday season is one that Ayanna and her daughters will never forget.

“I am so blessed and thankful to GMAC, Habitat and all of the volunteers who have given their time and energy for me and my family,” said Ayanna. “To be able to raise my daughters in a home of my own is truly a dream come true.”

For more than two months, local GMAC volunteers have assisted with the construction of Ayanna's new home, which is located on the upper north side of St. Louis and is set to be completed before the end of the year.

Over the past decade, members from every part of the GMAC family, including employees, leadership and dealers, have contributed time and effort to build homes across the world through Habitat for Humanity International (HFHI). Since 2002, GMAC's financial support and volunteer labor have helped HFHI build and rehabilitate more than 100 homes.

By the end of this year GMAC will have contributed more than $500,000, and hundreds of GMAC volunteers will have volunteered their time to help build seven homes across the United States. Current and future build sites include Atlanta; Dallas; Detroit; Houston; Jacksonville; and Macomb, Mich. In addition, several of GMAC's subsidiary business units and local offices will provide volunteer labor and funding for builds in their communities.

“We salute the important work of Habitat for Humanity in creating safe, decent and affordable housing,” said Bill Muir, GMAC president. “GMAC employees and associates are active on behalf of Habitat because we believe in supporting the communities where we live and work, and we know that homeowners play a vital role in building safe, strong and healthy communities."

“Sponsors like GMAC are critical because they provide the necessary funds for construction and the volunteer labor of employees needed to help make providing housing for deserving families possible,” said Kimberly McKinney, executive director, Habitat for Humanity St. Louis. “We are grateful to GMAC for their contributions to our community.”

GMAC supports efforts that strengthen communities, particularly those focused on housing and shelter, financial literacy, empowerment and growth.

About GMAC
GMAC is a global financial services company that operates in approximately 40 countries, in auto finance, real estate finance, commercial finance and insurance businesses. With more than $300 billion in assets, it generated $2.5 billion in net income in 2005, on revenue of $19.2 billion.

About Habitat for Humanity St. Louis
Habitat for Humanity St. Louis is a not-for-profit, ecumenical housing ministry working in partnership with individuals and communities of all faiths to improve living conditions and provide affordable housing in the St. Louis community. Habitat for Humanity sponsors, volunteers, and partner families work side-by-side to build new homes. Each homeowner family invests 450 hours of “sweat equity” into their home and other projects. Sponsors include corporations, organizations, religious groups, and individuals. Habitat for Humanity St. Louis regularly ranks among the top Habitat for Humanity affiliates in the country. Habitat for Humanity St. Louis has built over 206 homes to date in the St. Louis area. Habitat has set a new goal of building 50 houses a year by 2015. For more information, visit www.habitatstl.org.

About Habitat for Humanity International
Habitat for Humanity International is an ecumenical Christian ministry that welcomes to its work all people dedicated to the cause of eliminating poverty housing. Since its founding in Americus, Ga., in 1976, Habitat has built more than 200,000 houses in nearly 100 countries, providing simple, decent and affordable shelter for more than 1 million people. For more information, visit www.habitat.org.

Michael Stoller
GMAC Global Communications
313.665.0955
michael.r.stoller@gm.com

Christine Milligan
Mullen for GMAC
978-468-8951
christine.milligan@mullen.com

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