St. Croix Valley Habitat for Humanity has reached an agreement with the city of River Falls that continues their collaboration which led to the successful completion of the nationally recognized Eco Village community.
The SCVHabitat, board of directors and the City of River Falls have reached an agreement and signed a Memorandum of Understanding to repair both financial and good-will relationships. The Board of Directors regrets it's serious steps in the past that resulted in non-compliance on the City's generous loan to SCVHH. The board is fully committed to restoring a strong financial status for the SCVHabitat that includes paying off the city loan and to restoring good and transparent relationships with the City of River Falls.
The City Council has approved loan terms that assure that the city is reimbursed for a loan that helped facilitate the construction of 18 affordable, energy efficient homes in the Eco Village, and allows SCVHabitat the ability to move forward and continue its mission of building quality, affordable homes in St. Croix Valley communities.
After completing the historic effort needed to take on a project the size and scope of the Eco Village, SCVHabitat is being reshaped to resume more measured construction efforts that will build on the 20 years of success as an organization building affordable housing for families in our communities. We have had tremendous support from our community volunteers and donors and we will look for that support to continue as we begin construction planning for 2018.