ATLANTA, March 26, 2019 /PRNewswire/ -- Aaron's, Inc. (NYSE: AAN), a leading omnichannel provider of lease-purchase solutions, and its divisions Aaron's and Progressive Leasing, provided the furnishings for a surprise home presentation last Tuesday to an Augusta single mother and her four sons as part of the Homes for the Holidays (HFTH) program sponsored by former NFL star Warrick Dunn.
The presentation of the home to Valencia and her family was the 169th by Warrick Dunn Charities' (WDC) HFTH program, which assists single parents in becoming first-time homeowners. In partnership with Aaron's, WDC provides the materials necessary for long-term stability and the provisions required to make a meaningful impact on the parents and their families.
The home comes as part of the City of Augusta's Homeownership Assistance Program, which assists first-time home buyers in purchasing homes within Augusta-Richmond County. Peach State Federal Credit Union (FCU) has committed $20,000 to Warrick Dunn Charities, $10,000 of which has been invested in this project. The remaining donation will go towards a future Home for the Holidays recipient. In addition to the generosity of Aaron's and Peach State FCU, this home is also sponsored by the Mortgage Bankers Association of Georgia.
"Aaron's is grateful for the opportunity to work alongside Warrick Dunn Charities to provide a deserving Augusta family a safe place to call home," said John Robinson, CEO of Aaron's, Inc. "We have a longstanding tradition of giving back to communities across the country and we're so pleased that these furnishings will be able to help make a difference for this family in their lives for years to come."
Working as an educator, Valencia strives to equip her children with skills that reach far beyond the classroom. She serves as an influential role model for her students in school and for her family at home.
"At Warrick Dunn Charities, we're committed to helping deserving parents secure homeownership and understand the system around that process so they will be successful for the rest of their lives," said Warrick Dunn. "Thanks to our partners such as Aaron's, these families do not need to worry about furnishing their homes and can focus on improving their lives and communities."
To date, WDC and its sponsors have rewarded 169 single parents and over 400 children and dependents with first-time homeownership in 18 cities across the nation.
Aaron's has been a longtime supporter of WDC initiatives and began contributing home furnishings, appliances and electronics to the Homes for the Holidays program in 2003. Warrick Dunn Charities was founded in 2002 by former NFL running back Warrick Dunn.
About Aaron's, Inc.
Headquartered in Atlanta, Aaron's, Inc. (NYSE: AAN), is a leading omnichannel provider of lease-purchase solutions. Progressive Leasing, a virtual lease-to-own company, provides lease-purchase solutions through more than 20,000 retail locations in 46 states. In addition, the Aaron's Business engages in the sales and lease ownership and specialty retailing of furniture, consumer electronics, home appliances and accessories through its approximately 1,700 Company-operated and franchised stores in 47 states, Canada, and Puerto Rico, as well as its e-commerce platform, Aarons.com. Dent-A-Med, Inc., d/b/a the HELPcard®, provides a variety of second-look credit products that are originated through federally insured banks. For more information, visit investor.aarons.com, Aarons.com, ProgLeasing.com, and HELPcard.com.
About Warrick Dunn Charities
Warrick Dunn Charities provides hope and healing to communities through innovative programming inspired by our Founder's life journey. Since 1997, the Homes for the Holidays program has rewarded 169 single parents and 420 children and dependents that have achieved first-time homeownership in Atlanta, GA, Baltimore, MD, Baton Rouge, LA, Dallas, TX, Jacksonville, FL, Tallahassee and Tampa, FL. Serving single-parent families nationwide, WDC and its partners have combatted poverty, hunger and ensure families have basic necessities and comfortable surroundings to improve their quality of life. Betty's Hope, a mobile children's bereavement program provides students aged 5-18 with a safe and responsive environment for them to heal and enhance their quality of life after experiencing a loss. For more information, visit www.wdc.org.
About Peach State Federal Credit Union
Peach State is a $491 million credit union that serves more than 60,000 members in Georgia and South Carolina. As a financial cooperative, Peach State's mission is to meet the needs and exceed the expectations of its member-owners. To learn more, visit www.peachstatefcu.org or www.peachstatefcustories.coop.
About Mortgage Bankers Association of Georgia
The Mortgage Bankers Association of Georgia is a leader in Georgia's real estate finance industry. Our Mission is to promote the highest professional and ethical standards, provide education and industry-wide networking opportunities and act as one of the industry's leading voices on legislative and regulatory issues.
In 1990 the members of the Mortgage Bankers Association of Georgia desired to make a contribution to all of the communities in Georgia and help improve the lives of as many citizens of Georgia as possible with the creation of the MBAG Foundation, Inc. Visit http://www.mbag.org/ to learn more.
About City of Augusta Homeownership Assistance Program
Through the Homeownership Assistance Program (HAP), eligible first-time homebuyers can receive assistance up to $5,000.00-$25,000.00 toward down payment/closing costs and/or gap financing. Down Payment Assistance (up to $5,000.00), Homebuyer Subsidy (up to $25,000.00 in partnership with nonprofit developers), Employee Incentive (up to $15,000.00 for City employees) and Educator programs (up to $10,000.00 for RCBOE teachers) allow HCD to assist more than 50 households annually to achieve the dream of wealth building through homeownership! To learn more, visit https://www.augustaga.gov/68/Housing-Development.
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SOURCE Aaron's, Inc.
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