For the fifth consecutive year, more than 300 Transamerica employees (Aegon's U.S. brand) will help build or repair homes in eight cities across the United States in partnership with Habitat for Humanity.
Habitat for Humanity is a global nonprofit that helps families build strength, stability and self-reliance through shelter.
Participating Aegon employees will volunteer at their respective Habitat build sites for a full day or more, helping either to transform existing properties or to build new, affordable homes. Their efforts will help revitalize neighborhoods in or near eight cities.
Working alongside former US President
At the 2016 Carter Work Project in Memphis, Transamerica employees will work alongside former U.S. President Jimmy Carter and his wife, Rosalynn. The Carters generously donate their time and voices annually to build homes and raise awareness of the critical need for affordable housing.
In all cities, each completed home will be sold to qualifying Habitat families at no profit and financed with affordable loans. Habitat homeowners are selected though an application process based on level of need and a willingness to partner by investing time and effort, spending hundreds of hours building their home and houses for others.
"Aegon's core purpose is to help individuals and families achieve a lifetime of financial security," said Mark Mullin, president and CEO of Transamerica.
"Our employees have donated more than 12,000 hours over the past four years to help Habitat families achieve the American dream of home ownership. We're honored to again partner with Habitat in transforming the prospects for families and creating the stability which home ownership makes possible."