Altisource and Habitat for Humanity Enter Global Collaboration to Support Sustainable Housing and Neighborhood Revitalization
April 12, 2016
ATLANTA and LUXEMBOURG – April 12, 2016 — Altisource Portfolio Solutions S.A. (“Altisource”) (NASDAQ: ASPS), a provider of real estate, mortgage and technology services, today announced a global collaboration with Habitat for Humanity to fund a range of sustainable housing and neighborhood revitalization programs worldwide.
In 2016, Altisource will sponsor and engage its employees and customers in four homebuilding projects in Atlanta, Boston, Los Angeles and St. Louis, and 116 neighborhood revitalization projects throughout Michigan, Texas, Arizona and Georgia. Altisource will also invest in Habitat for Humanity’s clean water sourcing in India and the Philippines, countries that are also home to Altisource employees.
“As a company focused on restoring neighborhoods and providing sustainable housing, the core of the Altisource business aligns well with Habitat for Humanity’s mission to improve communities globally,” said Kevin J. Wilcox, Chief Administration Officer, Altisource. “We are proud to partner with such an esteemed organization like Habitat for Humanity and engage our employees and customers in the effort to improve and revitalize communities around the world.”
In addition, Altisource will be a sponsor of the 2016 Jimmy & Rosalynn Carter Work Project in Memphis, Tennessee, where hundreds of volunteers will assist area residents with new home construction, beautification projects and Aging in Place projects.
“We are excited to welcome Altisource as a new global partner and look forward to the experience and resources their support will offer,” said Larry Gluth, Senior Vice President, U.S. and Canada, Habitat for Humanity International. “With Altisource’s help, we can work alongside more families and communities in need of decent and affordable housing, both in the U.S. and abroad.”
Altisource Portfolio Solutions S.A. (NASDAQ: ASPS) is a premier marketplace and transaction solutions provider for the real estate, mortgage and consumer-debt industries. Altisource’s proprietary business processes, vendor and electronic payment management software and behavioral science-based analytics improve outcomes for marketplace participants. Additional information is available at altisource.com.
About Habitat for Humanity International
Driven by the vision that everyone needs a decent place to live, Habitat for Humanity has grown from a grassroots effort that began on a community farm in southern Georgia in 1976 to a global nonprofit housing organization in nearly 1,400 communities across the U.S. and in over 70 countries. People partner with Habitat for Humanity to build or improve a place they can call home. Habitat homeowners help build their own homes alongside volunteers and pay an affordable mortgage. Through financial support, volunteering or adding a voice to support affordable housing, everyone can help families achieve the strength, stability and self-reliance they need to build better lives for themselves. Through shelter, we empower. To learn more, visit habitat.org.