ALEXANDRIA, Va.—When Pentagon FCU partnered for the second time with Habitat for Humanity of Washington, DC in July of this year, the home site at Northeast Washington, DC’s 56th Place didn’t look like much.
“It was a simple construction site with only a few wooden frames up,” said PenFed President and CEO James Schenck. “Now, there’s a young sailor who, at last month’s ribbon cutting ceremony, turned the key and took ownership of a modern, energy efficient home that PenFed played a role in building.”
PenFed donated $5,000 that went directly toward the construction of the modern townhome, and several executives from the credit union performed volunteer construction work on it during their spare time. PenFed’s Executive Vice President and Chief Operating Officer Kevyn Myers, was on hand for the recent dedication ceremony for the new house.
Since the summer of 2013, PenFed has pledged a total of $155,000 to DC Habitat for housing construction. PenFed has also been a strong supporter of DC Habitat’s Homes for Vets initiative in previous years, and along with other corporate donors, the credit union is proud to sponsor tonight’s celebratory fundraiser, “Raising the Roof,” at which Schenck will make remarks. The Union Station event will mark the philanthropic organization’s 25 years of building hope and changing lives in the nation’s capital. With “Raising the Roof,” DC Habitat is seeking to raise $1 million to fund construction of its next 25 homes in the District.