Sweat Equity Pays Dividends for Frederica Family

In photo, from left: Central Delaware Habitat for Humanity Executive Director Jocelyn McBride, Joshua Kennedy, Zachary Kennedy, Christopher Kennedy and State Rep. Jack Peterman, Leslie Kennedy, Catera Kennedy, Chrystal & Terry Walls

State Representative Jack Peterman joined Terry & Chrystal Walls and their five children as they celebrated their new home in Frederica at a Central Delaware Habitat for Humanity dedication ceremony on June 5th. The Walls were selected for Habitat’s affordable homeownership program in November, which requires that each adult expected to live at the new residence contribute 250 hours in “sweat equity.” The hours can be a combination of time spent on construction; hours donated by friends and family; volunteering at Habitat’s events, store or office; and attending financial literacy classes.

Ground was broken for the home on March 3rd. Construction was completed in three months, with most of the work occurring on Saturdays. Over 150 volunteers contributed 1,090 hours of labor. The Walls’ Family will pay a 25-year, zero-percent mortgage.

“Habitat’s program is geared to providing a hand up not a hand out and empowering the future homeowners through the sweat equity model,” said Central Delaware Habitat for Humanity Executive Director Jocelyn McBride.

State Rep. Jack Peterman praised the group’s effort to create affordable housing: “I’ve always admired Habitat for Humanity because it combines the willingness of the people in the community to support their neighbors, with the dedication of those being helped to improve their own lives.”