December 19, 2012Fannie Mae's 2012 Help the Homeless Program Raises $4.5M, Company Successfully Transitions to Community Walk Model to Combat Homelessness in America
WASHINGTON, DC – Fannie Mae today announced it raised $4.5 million for Help the Homeless (HTH) and engaged more than 100,000 people in the first year of its transition from an annual walk on the National Mall to hundreds of community walks. HTH remains the nation’s largest fundraising effort focused on homelessness. The company expects to build on the success of the community walk model in 2013. HTH was launched 25 years ago and since that time Fannie Mae has raised awareness of homelessness and distributed nearly $100 million to nonprofit partners.
This year, Fannie Mae continued its support for nonprofit organizations in the Washington metropolitan area and successfully introduced HTH in five new cities - Atlanta, Chicago, Dallas, Philadelphia and Los Angeles. There were more than 700 walks in these communities, bringing together neighbors, Fannie Mae employees, and nonprofit organizations committed to ending the effects of homelessness on individuals and families.
"We are very pleased with the results of the HTH community walks which enable Fannie Mae to increase the scale of HTH across the country," said Rosie Allen-Herring, Senior Director, Office of Community Investment and Engagement at Fannie Mae. "We’re also pleased that our nonprofit partners successfully transitioned to the new model and found innovative ways to engage their communities. We look forward to continuing our work around this critical issue in the year ahead."
In Washington, Fannie Mae supported 76 nonprofit organizations as program beneficiaries committed to serving the homeless and those at risk of becoming homeless. HTH also benefited nonprofits in communities where Fannie Mae employees live and work beyond Washington, such as:
Responses from Help the Homeless beneficiaries include:
"Demand for our services has increased three-fold in the last four years. Without partners like the Help the Homeless Program we would not be able to serve these additional people," said Michael Bartscherer, President, Martha’s Table.
"Partnering with Fannie Mae's Help the Homeless program has motivated involvement from many members of our business, residential, youth and faith based community to raise 37 percent of Georgetown Ministry Center’s annual income," said Gunther Stern, Executive Director, Georgetown Ministry Center.
"The Help the Homeless program provides an indispensible opportunity for Stepping Stones Shelter to educate our Montgomery County community on our changing demographics and the increase in poverty and homelessness," said Denise Fredericks, Executive Director, Stepping Stones Shelter.
HTH beneficiary organizations provide a range of services to children, families, and veterans facing homelessness including permanent affordable and supportive housing, emergency shelter, and homelessness prevention and rapid re-housing that allows clients to avoid homelessness. Many beneficiary organizations offer support services such as food programs, case management, health care, child care, drug and alcohol treatment, job training and placement, housing counseling, financial skills training and more.
To learn more about Fannie Mae’s Help the Homeless Program, please visit www.hthwalks.org.
About Fannie Mae's Help the Homeless Program: The Help the Homeless (HTH) Program provides a fundraising model to help build the capacity of nonprofit organizations working to prevent and end homelessness. Each year, tens of thousands of people get involved in the Program by participating in a HTH community walk, making a donation, being a sponsor, or volunteering their time to support organizations dedicated to serving homeless people. To learn more about HTH, please visit www.hthwalks.org.
Fannie Mae is a leading provider of mortgage credit in the United States. We guarantee and purchase loans so that families can buy homes, refinance their existing mortgages, or access affordable rental housing. Fannie Mae is focused on assisting homeowners in distress, stabilizing neighborhoods, and encouraging sustainable lending. We are committed to improving our financial condition and our priorities are aligned with the public interest. Our work supports the housing recovery today and is helping to build a better housing finance system for the future.
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