The Fannie Mae Foundation wanted to complete work in the Black Belt and we created this opportunity for them to work in Hale County. This will be a mixed income project, so it's an ideal community for everyone. |
There's not requirement. Through the grant Habitat is offering $1.7 million. But the match could be in all kinds of different forms and opportunities for participating. |
We are also going to use the profit from the first phase to create funding for the second and third phases. |