Downey Savings teams to build Habitat homes

Since 1957, Newport Beach-based Downey Savings and Loan has helped

provide California residents with home loans. The company will now take

on the job of home building as well.

Along with Habitat for Humanity, Downey Savings has funded one of four

homes being built in Stanton. Downey employees will work with

home-building professionals to build a detached three-bedroom home

consisting of a full bath, living room, dining room, kitchen and attached

two-car garage.

“We’re honored to be a part of this Habitat for Humanity community

project,” said Dan Rosenthal, president and chief executive of Downey

Savings. “The citizens . . . in surrounding neighborhoods can look upon

this project as our level of commitment to helping families obtain the

dream of home ownership.”

The project is scheduled to be completed late this summer.