Partnering with the North Carolina Housing Finance Agency (NCHFA), State Employees’ Credit Union (SECU) members via the SECU Foundation helped to make group homes in Lee and Randolph Counties a reality. HAVEN Complex in Sanford and Randolph Fellowship Home in Asheboro are now completed and serving residents in their North Carolina communities. The SECU Foundation provided zero percent construction loans for each home.
HAVEN Complex is an emergency and transitional shelter for victims of domestic violence and sexual assault, with a comprehensive support program for women and children. This newly constructed complex is the only shelter of its type in Lee County. The home accommodates up to 24 women and children.
Randolph Fellowship Home is a licensed supervised substance abuse group home that assists chemically dependent individuals by providing an environment conducive to social, psychological and vocational stabilization. This facility can serve up to ten male residents.
While SECU provided construction loans for both group homes, these loans will be repaid when NCHFA permanent financing is in place. The funds can then be utilized for future Foundation projects.
SECU Foundation Chair Jim Barber stated, “The SECU member-funded Foundation has partnered with NCHFA to assist with many wonderful projects, and we are proud to have helped bring HAVEN Complex and Randolph Fellowship Home to North Carolina areas in need. State Employees’ Credit Union and the SECU Foundation were founded on the philosophy of ‘People Helping People’ and these projects embody this sentiment.”
“North Carolina Housing Finance Agency is proud of our innovative partnership with SECU Foundation that supports our mission to enhance the quality of life for many vulnerable citizens in North Carolina,” said Bob Kucab, NCHFA Executive Director. “We appreciate the members of State Employees’ Credit Union supporting such worthy causes as demonstrated by HAVEN Complex and Randolph Fellowship Home.”