Rebuilding Alliance Revolving Mortgage Loan Fund

 
$282
$53,718
Raised
Remaining
Oct 10, 2011

Assuring program success by consolidating projects

The Rebuilding Alliance Team is writing to notify everyone that we are consolidating this project into the “Rebuilding to Remain”  program.   In addition to mortgage loans, we are including downpayments and worldwide outreach. All three are required to build and safeguard Homes with Dignity.  

We found a way to fund construction of affordable, eco-friendly homes when banks do not provide financing by both spreading-out + reducing the risk of demolition: many donors, many advocates.   Total construction cost is $33,000/home for a 3 bedroom 119sq.m. home.   Your donation provides a $5,000 down payment, a $15,000 mortgage loan, and $4000 to coordinate worldwide outreach to assure the village their right to issue building permits.  Please note, Al Aqaba Villager's Cooperative Assembly is matching your contribution to $13,000/home.  If home is demolished, the remaining mortgage loan is forgiven.

Please mark your calendar for October 19th, the Global Giving Matching Grant day, and join us with your contribution to Rebuilding to Remain.  Big or small, GlobalGiving.org will provide a 30% match that day for each unique donation up to $1000, and they offer an additional grant to the project with the most donations and also the project with the most donors!

About Project Reports

Project Reports on GlobalGiving are posted directly to globalgiving.org by Project Leaders as they are completed, generally every 3-4 months. To protect the integrity of these documents, GlobalGiving does not alter them; therefore you may find some language or formatting issues.

If you donate to this project or have donated to this project, you will get an e-mail when this project posts a report. You can also subscribe for reports via e-mail without donating or by subscribing to this project's RSS feed.

Funded

Combined with other sources of funding, this project raised enough money to fund the outlined activities and is no longer accepting donations.

Still want to help?
Support another project run by Rebuilding Alliance that needs your help, such as:

Organization

Project Leader

Karen Jamison

Accountant
San Mateo, CA United States

Where is this project located?

Map of Rebuilding Alliance Revolving Mortgage Loan Fund