Gridiron Capital is partnering with Housatonic Habitat for Humanity, the local housing nonprofit, to build homes for veterans and their families.
According to Executive Director Fran Normann, “We are pleased to announce a new collaboration with Gridiron Capital of New Canaan who will act as the major sponsor in developing a program to provide homeownership opportunities for veterans of all service branches in the greater Danbury area.”
According to Normann, the initiative began several months ago when Gridiron’s management approached Habitat to see how they could impact the shortage of veteran-owned homes in the region. “We were enthusiastic to focus on this important need with a local firm which sees an ongoing commitment to this issue. As we build and renovate homes, our partner families will be service members who have retired and are working to build a better life for their families.”
In addition to building homes, the program will also include an expansion of Housatonic Habitat’s repair program, Brush with Kindness, which provides low-cost home maintenance repairs. Statistics from the Bureau of Veterans Affairs show that in Connecticut a third of the estimated 200,000 Veterans served in the Vietnam Era, and more than 50% are 65 years or older. “We see an important need to help these veterans age in place,” Normann said.
“At Gridiron, we have seen firsthand, the importance of character traits and leadership qualities that veterans bring to both Gridiron and our portfolio companies, said Tom Burger, Managing Partner. “Across our portfolio, we employ over 500 veterans with professional titles ranging from CEO to traveling nurse. The unique culture and desire to win created by these individuals help drive significant growth across their respective companies. The opportunity to partner with Habitat for Humanity gives us, at Gridiron, a chance to thank those individuals and families who fought for our freedoms.”
“We are proud to be launching this as a major component of Gridiron’s broader veteran’s initiative,” added Kevin Jackson, Gridiron Managing Partner. “The close alignment of the Gridiron culture and values with those of our veterans makes this a logical next step in our growth as a firm. Gridiron is committed to recognizing the contributions of our veterans to our nation as we continue to create value in our portfolio,” said Ed Francis, Operating Partner/US Army Veteran.