Michigan City, Indiana – Horizon Bank is pleased to announce the grant awarded to LaPorte County Habitat for Humanity in support of their 2022 build project that has resulted in the completion of another new, affordable home in our community. The home was completed in November, in time for the family to enjoy Thanksgiving.
LaPorte County Habitat for Humanity addresses the need for affordable housing by building homes for low-income working people. Housing prices and rent have significantly risen in the area, with three bedroom homes renting for more than one-thousand dollars per month. The build, located on Home Street in LaPorte, is financed with Habitat’s 0% interest loan resulting in affordable repayments over 30 years.
Habitat’s mission is to provide affordable housing at low-cost. Houses are sold at the actual price of the build for no profit and are financed by Habitat. Steve Kring, Horizon Bank’s Regional President of Northwest Indiana said of the grant, “Horizon is proud to support LaPorte County Habitat for Humanity, and the incredible work they do in our community. It is comforting to know while housing costs continue to soar, Habitat is constantly working to provide an affordable option for families in the area.”
About LaPorte County Habitat for Humanity
LaPorte County Habitat for Humanity is a leading organization that provides permanent, affordable housing to income-qualified families in the community. Seeking to put God’s love into action, LaPorte County Habitat for Humanity brings people together to build homes, communities, and hope. For more information, visit www.laportehabitat.org.
About Horizon Bank
Horizon Bancorp, Inc. is an independent, commercial bank holding company serving Indiana and Michigan through its commercial banking subsidiary, Horizon Bank. Horizon Bancorp, Inc. may be reached online at www.horizonbank.com. Its common stock is traded on the NASDAQ Global Select Market under the symbol HBNC.
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Contact: Amy Phares
Public Relations Manager
Phone: (219) 874-9208