Hillsboro, October 16th, 2013. Bank of America and Willamette West Habitat for Humanity dedicated a newly constructed home in Hillsboro for the Ngo family last month. (photo credit, David Gorman/Bank of America ) The Ngo family and David Gorman from Bank of America are pictured in front of their new home.
Tam Ngo, Dai Ngo and their 3-year-old daughter had been living in a multi-family, six-bedroom home with five other families, all sharing one kitchen and two bathrooms. The Ngo’s are first-time home buyers and, over the past eight months, completed 500 hours of sweat equity, on both their home and other Habitat homes, while Dai Ngo also worked as a full-time assembly operator at a large electronics company.
The Ngo’s new two-bedroom, two-story home is the perfect size for them and, with their sweat equity and down payment factored in, they will be able to pay off their home before their daughter graduates from high school.
The home was completed thanks to the partnership between Willamette West Habitat for Humanity and Bank of America, including hundreds of employee volunteer hours contributed on top of Bank of America’s grant which funded half of the Ngo’s newly constructed home.
In addition to the Ngo’s home dedication, David Gorman, Senior Vice President of Home Loans at Bank of America for Oregon and southwest Washington, presented Willamette West Habitat for Humanity with a separate $55,000 check at the event, which will go toward funding another Habitat home.
David and his team each received four paid hours to work on the Ngo family’s home and he, along with many of his team members, spent several additional hours of personal time supporting this house build.
Bank of America has partnered nationally with Habitat for Humanity since 2002. The Bank of America Charitable Foundation has contributed more than $22 million to Habitat’s work around the world, and bank employees annually contribute more than 30,000 volunteer hours to help rehab and build homes.