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M&T Bank donates $10,000 to self-help housing program
May 21, 2018
M&T Bank representatives presented a $10,000 donation check to Milford Housing Development Corp. Shown are (l-r) Steve Loughren, Nancy Choma, MHDC President and CEO David Moore, Beryl Barmore, Christine Rust, Rob Bunting, Lori Combs and Melanie Oliver. SUBMITTED PHOTO
Milford Housing Development Corp. has received a $10,000 grant from M&T Bank to support its Self-Help Housing Program.
MHDC is a nonprofit organization that provides affordable housing solutions to people of modest means. The self-help housing program was established by USDA Rural Development over 40 years ago, utilizing a sweat equity model. MHDC is the only agency in Delaware offering the program, and it has helped close to 200 families realize their dream of homeownership. Currently, MHDC’s self-help families average $32,000 in sweat equity per home.
For more information about MHDC, go to www.milfordhousing.com or call 302-422-8255.
