Page 7 - 2020 Community Impact Report
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Changing Lives Through First Story







             David. Kimmie. Nathan. Amye. Marissa.

             Behind every name of the 82 First Story families is a real story, the tale of
             hardworking individuals ready for homeownership. A family ready to leave the
             government assistance programs behind, ready to end the years of renting
             and ready to embark on a life of dependency-free living. They are looking for
             more than a handout. They are ready to write their own story as the rulers of
             their own destiny through homeownership.

             To make this happen, First Story, a non-profit founded by Hayden Homes in
             1998, provides a 30 year, zero-interest loan that requires no down payment
             or credit score. First Story collaborates with Hayden Homes to build a new
             home integrated in a Hayden Homes community. Trade and supply partners
             contribute materials, labor and services to help build each First Story home.
             Qualifying families must successfully complete a financial management and
             homeownership course to help ensure their success once they’ve received
             the keys to their new home.


             THE DETAILS:


                  First Story provides a zero-down, no interest, 30-year loan for a newly
                built Hayden Home to a deserving and capable family.

                  Homes are sold move-in ready with appliances, washer and dryer, blinds,
                and front and backyard landscaping.

                  When a family is ready to sell, First Story buys back the home at market
                value, truly building wealth for the family. First Story then collaborates
                with Hayden Homes to refurbish the home and sell it to another
                deserving First Story family.

                  This work is done with zero subsidies from the government. First Story
                is funded 100 percent by donations from individuals and companies,
                including the Hayden Homes Brand Family of Companies.

                  And the giving continues; First Story donates annually to community
                organizations and non-profits in each of the communities where Hayden
                Homes builds. $1.4 million has been donated to date.




                 OUR FOUNDATION

                 Embracing the Give As You Go™ philosophy,

                 in 2008, our foundation was established
                 committing 10 percent of the company’s

                 profits be given to ensure that Virginia’s
                 philosophy of giving more than you get is
                 achieved for generations to come.





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