Right Angle Newsletter, July 2014

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July 2014: Issue 6 MADISON AREA BUILDERS ASSOCIATION Official Newsletter of The Madison Area Builders Association RIGHT ANGLE INSIDE e Power of Giving Back: Boosting Your Bottom Line Member Spotlight: Joanne Belanger Summit Credit Union Feature Stories: Valerie Johnson - Habitat for Humanity of Dane County Jason Hafeman - Project Home, Inc. Corporate Citizenship

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Corporate Citizenship

Transcript of Right Angle Newsletter, July 2014

Page 1: Right Angle Newsletter, July 2014

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July 2014: Issue 6

MADISON AREA BUILDERS ASSOCIATION

Official Newsletter of The Madison Area Builders Association

RIGHT ANGLE

INSIDE The Power of Giving Back: Boosting Your Bottom Line

Member Spotlight:Joanne BelangerSummit Credit Union

Feature Stories:Valerie Johnson - Habitat for Humanity of Dane CountyJason Hafeman - Project Home, Inc.

Corporate Citizenship

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Contents

4 Member Spotlight Joanne Belanger,

Summit Credit Union

6 Association Event Calendar and Government Activity Calendar

7 Government Affairs Report

8 The Power of Giving Back: Boosting Your Bottom Line

10 Feature Stories Valerie Johnson;

Habitat for Humanity of Dane County

Jason Hafeman; Project Home, Inc. 13 Returning Vets Get Help

Finding Homes

16 Dane County Permit Data

Association Leadership

OfficersPresident Justin Temple President-Elect Don Tierney First Vice President Angie KietaTreasurer Ken KurszewskiSecretary Dan BealImmediate Past President Abe Degnan

Directors Dan Duren Chuck Elliott Chris Hohlstein Harvey Kessel Monique Olson Greg Shaw James Taalbi Andy Voeltner

Executive DirectorAmber Schroeder

The Right Angle is the official newsletter of the Madison Area Builders Association. The Madison Area Builders Association is a non-profit trade organization dedicated to promoting a positive business environment by uniting, serving, and representing all aspects of the building industry.

The Right Angle is published 11 times per year. Notice of local, state, and national programs/events is a service to Association members. Such notices do not indicate Association endorsement or sponsorship unless specifically noted. The acceptance of advertising in The Right Angle does not indicate approval or endorsement of the advertiser or the advertiser’s product by Association. Madison Area Builders Association makes no warranties and assumes no responsibility or completeness of the information contained herein.

Staff Writers: Amber Schroeder; Andrew Disch; Jane AlgiersPhone: 608-288-1133 Fax: 608-288-1087 www.maba.org

Madison Area Builders Association � 5936 Seminole Centre Court � Madison WI 53711 � (608) 288-1133

Message from Amber Schroeder, Executive DirectorHard to believe it's already mid-July isn't it?? It's been a whirlwind of a year so far for the Madison Area Builders Association. From monthly social and educational events to the Dream Home Showcase, and now the Parade of Homes is wrapped up for the year!

We're thrilled to report that nearly 2,000 tickets were sold for the 2014 Parade Preview Party held in Kilkenny Farms this year. The night was filled with networking, fun and viewing nine beautiful homes.

There were over 27,700 consumer visits over the course of two and a half weeks to 27 homes located in six different neighborhoods in the Parade of Homes this year. Thank you to all of the builders, developers, subcontractors and vendors who made the Parade of Homes a huge success by all accounts!

Looking forward into the second half of the year, we have a golf outing, installation dinner, Spike event, silent auction and the first annual State of Housing event featuring NAHB's Chief Economist David Crowe, who will share his outlook for housing on the local, state and national level as we head into 2015. Be sure to check out the events calendar on page six of this issue and mark your calendars appropriately.

The Membership Drive is off to a great start. We have three teams competing with a goal of generating 50 new members by the end of October. Interested in participating? Contact any of us at the Association office and we'll fill you in on the details! The winning team will earn $500 toward a night out of their choosing as a team, and there are individual prizes that include a front page ad in the Wisconsin State Journal, back cover ad in the Right Angle and one year of free registration to all Association events.

Finally, keep your eyes peeled for a brand new website for the Association later this month. The website will feature our new branding strategy to help connect consumers to Association members. A key feature for members is the ability to feature a YouTube video, ten pictures and contact information including e-mail and website address in their membership directory listing.

As I hope you can see, both the Board of Directors and the Association staff are at work ensuring your membership investment dollars are put to work to create a better business environment on the local level and offering events, products and services to help you grow and maintain your business!

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The credit union difference is about people helping people, and at Summit Credit Union, we want our community to experience that firsthand. Good corporate citizenship is a responsibility we embrace enthusiastically and without reservation.

The following are some of the ways we’re helping our members and contributing to the health, vitality and success of our community.

Reducing Environmental Impact

MPower Champion for Sustainability - In 2013, Summit became an MPower Champion for sustainability, reducing energy consumption and non-biodegradable waste.

Energy Efficiency Loans - In 2011, Summit was selected to partner with Milwaukee Energy Efficiency, dubbed “Me2” and Milwaukee Shines to provide special loan programs for residents and “Me2” businesses in Milwaukee who want to make their properties more energy efficient.

Summit has provided over $2.2 million in these energy efficiency loans.

Building Green - We’re always looking for ways to incorporate sustainability and long-term payback into our construction projects. Some examples include energy-efficient lighting and heating/air conditioning controls, sustainable landscaping, reflective roofing projects and storm water containment systems.

Fostering Community Health

Community Partnerships - Summit strives to make a great impact through collaboration and community partnerships. We give monetary contributions, as well as time, talents, in-kind and volunteer support. Our major community partnerships include The American Heart Association’s Go Red for Women and Domestic Abuse Intervention Services (DAIS).

These organizations share our strong commitment to women’s health and wellbeing. Based on our members’ deposits to new money market accounts, in February, we donated $5,001 to the American Heart Association. Our 2014 employee-led supply drive for DAIS generated over $500 in needed supplies. Additional highlights. Summit:

• Provided over $20,000 in scholarships to area youth in 2014.• Donated to support 198 area nonprofits in 2013.• Generated 22,660 meals through last season’s Second Harvest’s Share Your Holiday campaign.

Employee Volunteer Program - Summit encourages and supports employee involvement in volunteer community activities and charitable events, including offering employees eight hours of paid volunteer time each year. Employees often spend hours on United Way Days of Caring projects as well other community services. This year, employees volunteered over 80 hours for Junior Achievement Senior Development Day at Madison area high schools.

Making Lives Richer

Helping Members Improve Their Lives - At Summit, we believe anyone can be financially successful. So we are fiercely committed to sustainable financial education. We provide our members financial guidance every day to help them lead richer lives.

MemberSpotlight

Joanne BelangerSenior Vice President, MarketingSummit Credit Union

Summit Credit Union: Your Resource to a Richer Life

“Community giving has been a priority for us since our founding in 1935. Our employees are amazingly generous and embrace the opportunity to volunteer and help others in need.” Kim Sponem, President and CEO of Summit Credit Union

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We also reach out to the community, because financially literate citizens add strength, stability and opportunity to families and communities. So far this year, we’ve reaching 2,270 people, including 1,442 students with financial education through 122 live, free financial educational programs. Other key community-based programs include:

Project Money - In 2009, we kicked off Project Money, a reality-based challenge where four teams work with Summit financial coaches to help take control of their finances and improve their lives. To date, 20 Project Money teams have collectively boosted their savings by $151,957 and reduced their debt by a total of $221,569.

Red SHOES - Launched in March 2013, Red SHOES is a Summit-exclusive financial wellness program designed for people who are ready to take control of their financial lives. It offers specific how-to steps and a self-paced, flexible program that includes tools, encouragement and support.

Youth Outreach -• Project Teen Money: A new peer education and scholarship program at La Follette & Memorial high schools in Madison, Project Teen Money gives students the opportunity to teach peers about saving, spending

and giving while earning money for college.

•Continuing Education Support: We award more than $20,000 in scholarships to area students each year.

• STAR Credit Union: Established and supported by Summit, STAR Credit Union is the only youth-chartered credit union in the country. It gives younger children hands-on learning opportunities at the Boys & Girls Club of Dane County.

Co-op Connection - Summit hosts Co-op Connection, an annual celebration of cooperatives and community

held in early October, national cooperative month. Summit began this fun, educational public event in 2011 after a conversation with more than 20 other area cooperatives. It celebrates all that cooperatives provide for our communities and the economy. More than 4,000 visitors attended last year.

Paying it Forward - Throughout the year, members and non-members are given $10 at branches and other events. The catch? Help someone else with it—pay it forward. More than $78,000 has been paid forward since 2009.

Summit team members commit random acts of kindness with farmers’ market flowers.

for passersby.

Belanger has more than 18 years of experience in the marketing and branding industry, both stateside and in Canada. Prior to joining Summit, Belanger was associate marketing director at Bissell Homecare, Inc., in Grand Rapids, Mich. She has also held marketing, branding and innovation leadership roles at Stokke, Kimberly-Clark and Whirlpool Corporation. She holds an MBA in strategy, marketing and entrepreneurship from the University of Chicago - Graduate School of Business, and a bachelor of commerce degree in marketing and international business from the University of Ottawa.

“Providing children and teens with financial education and money advice empowers them to make good financial decisions now and throughout their lives. We see this as an important effort to create long-term individual and community wealth.” Kim Sponem

“Credit unions were built on the simple, powerful philosophy of people helping people. Contributing to the health, vitality and success of the communities we serve is an important part of our success.” Joanne Belanger, vice president of public relations and digital marketing, Summit Credit Union

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Daniel V. Birrenkott, RLS

608.837.7463

P.O. Box 2371677 N. Bristol StreetSun Prairie, WI 53590

[email protected]

w w w. b i r r e n k o t t s u r v e y i n g . c o m

Calendar

AUGUST No events

SEPTEMBER Golf Outing September 9, 2014 11:30-? Legend at Bergamont

Spike Event September 18, 2014 6:00-9:00 p.m. Betty Lou Cruise on Lake Mendota

OCTOBER Silent Auction October 16, 2014 5:00-8:00 p.m. Bishops Bay Country Club

NOVEMBER Annual State of Housing Membership Meeting November 5, 2014 12:00-2:00 p.m. Marriott West

DECEMBER Holiday Party & Installation Dinner December 2, 2014 5:00 p.m. Location TBD

Association Event Calendar

Tuesday, June 3 & 17, 2014, 6:30 p.m. City of Madison Common Council*

Tuesday, June 24, 2014, 7:00 p.m.Dane County Zoning & Land Regulation Public Hearing*

Thursday, June 12, 2014, 7:00 p.m. Capital Area Regional Planning Commission (CARPC)City-County Building, Room 351210 Martin Luther King Jr. Blvd., Madison

Monday, June 9, 2014, 5:30 p.m.City of Madison Plan Commission City-County Building, Room LL100210 Martin Luther King Jr. Blvd., Madison

Thursday, June 12 & 26, 2014, 7:00 p.m.Dane County Board of Supervisors*

Government Activity Calendar

Asterisk (*) indicates meeting takes place in City-County Building Room 201

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GovermentAffairsDelays and Politics Demonstrate Need for CARPC Reform

Recent delays by the Capital Area Regional Planning Commission (CARPC) continue to provide support that reforming the body is needed in order for a

streamlined and predictable process allowing responsible and orderly growth to occur to meet our region’s growing population and emerging employment corridors.

CARPC plays such a critical role in the process of land development because it is under a contract with the Department of Natural Resources (DNR) to perform the technical review of Urban Service Amendments (USAs) applications. These amendments to the Dane County Water Quality under Wis. Adm. Code § NR 121 effectively dictates which new areas are provided sewer service and thereby new development occurs.

CARPC continues to take an excessive and unnecessary amount of time to review USA applications. Specifically, the recent City of Madison USA application for 149 acres in the Elderberry Neighborhood was preliminary presented for general feedback

from CARPC in November 2013. Subsequently, the application is scheduled for a Public Hearing in October 2014, and will not be eligible for a determination by the Commission until November 2014. This presumes that the Commission will act in November 2014, which, based on past experience, is unlikely. This means that contiguous economic development consistent with the Elderberry Neighborhood Development Plan and City of Madison Comprehensive Plan will likely not take place until 2015.

Not only does this arduous timeline deter responsible development from being presented, it also further supports Rep. Jagler’s CARPC reform bill that would put it on a clear timeline and takes the political pressure out of the decision-making process. The proposal would have mandated that the Commission approve or deny an application in 90 days.

In another case, The Northeast Neighborhood application brought forward by the City of Fitchburg there is already outside political pressure injected into the debate. A group of residents from the Town of Dunn has funded direct mail spreading misinformation opposing the Neighborhood. The mail bizarrely alleges that the Neighborhood will drive up property taxes, when in fact, it has been conclusively proven that land improvements increase the tax base and reduce pressure on the property tax levy. This is precisely the type of politics that the CARPC reform bill will keep out of what is a statutorily scientific review.

Finally, CARPC has other functions relating to regional planning other than reviewing USA applications for the Department. Those functions should not be prioritized over contractual obligations CARPC is bound to perform for the Department. A 90 day timeline would have the practical effect that CARPC’s most important work will be prioritized since it is now a concrete deadline that it must be performed by.

There is a brighter side. There were two new recent appointments to the Commission who have a proven track record of intellect and judgment. One of the recent appointments by the Dane County Towns Association, Mark Geller, is a longtime member of our Association and he also serves on the Verona town board. Additionally, we are just a few short months away from a new legislative session where I will work our Assembly co-sponsors to revive Rep. Jagler’s CARPC reform bill and usher is through the legislature now armed with new evidence supporting the urgency of reform.

Andrew DischDirector of

Government Affairs and Advocacy

This is precisely the type of politics that the CARPC reform bill will keep out of what is a statutorily scientific review.

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Companies that encourage community involvement distinguish themselves from their competitors, and see many benefits, including loyal customers and happier employees. According to a May 2013 study by Cone Communications and Echo Research, 82 percent of U.S. consumers consider corporate social responsibility (CSR) when deciding which products or services to buy and where to shop.

"I've found that customers really want to know how you're making the world a better place," says Erin Giles, an Aiken, S.C.-based business philanthropy consultant who helps entrepreneurs find causes they're passionate

about and incorporate their message into their business. Moms and Millennials are particularly interested in a business' corporate social responsibility platform, Giles says. Here are four things to consider when incorporating community service into your business plan.

1. Build relationships within your community.Look at your community to see what's important. Are the schools struggling? Does the animal shelter need donations? For

example, Cody Pierce, vice president of marketing for Orange City, Iowa-based Pizza Ranch franchises, says the restaurants host "community impact" nights, where friends and family members bus tables to support a local cause, such as raising money for a class trip. Pizza Ranch donates the night's tips and 5 to 20 percent of the profits to the cause, while community members often provide additional donations. The business benefits because it fills the restaurant on a typically slow night. He says building relationships starts by making genuine connections with your customers, then finding ways you can contribute.

2. Get your employees on board. Giving employees an avenue to give back is important to morale and builds a collaborative and inspired team, Giles says. "When your employees love what they're doing, they do a better job," she says. Giles suggests that businesses offer employees an opportunity to volunteer during work hours or participate in get-togethers after work, which is more fulfilling than just meeting for drinks.Volunteering also provides leadership opportunities for employees, which leads to increased staff performance and fulfillment and, ultimately, increased productivity and sales, Giles notes.

3. Create a custom volunteer plan. Giles recommends that business owners evaluate their business and employee strengths and select volunteer activities that draw upon those strengths. For example, if you own an accounting firm, you could volunteer to help a nonprofit set up their accounting practices or do their taxes.

Likewise, if you own a restaurant, consider catering a school staff meeting to show your appreciation for your local teachers. Pierce says this may open the door to future catering opportunities, an incremental way to increase revenue. Decide how much time your employees can volunteer through the business on an annual basis, taking into account your operation demands.

4. Let customers know how you’re giving back. Once you’ve implemented your volunteer strategy, let current and prospective customers know what you’re doing by including this information on your website. Giles suggests putting a dollar amount of how much your donated time or services would normally cost next to the number of hours your employees have spent giving back so it’s easy for customers to understand how much your company gives to the community.

The Power of Giving Back: Community Involvement Boosts Bottom Line

“Companies that encourage community involvement distinguish themselves from their competitors, and see many benefits, including loyal customers and happier employees.”

by Lindsay LaVine, Entrepreneur.com

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Feature Giving Back to the Community

THANK YOU, FRED.

For every $1 invested, $1.76 generated

in economic activity community volunteers provides economic, social impact in Dane County. Nearly 4,000 people volunteer each year for Habitat for Humanity of Dane County. Not only do

these volunteers provide a social benefit to our local economy, but an economic impact too.

Fred Newmann is a Habitat volunteer. Each week Fred sees firsthand the economic impact of his activities with Habitat for Humanity of Dane County. On Monday, Fred volunteers at a Habitat ReStore Deconstruction Team, where he and a team of six volunteers remove kitchen cabinets from a home in west Madison. On Wednesday, Fred volunteers at the Habitat ReStore West, where he can find himself loading those same cabinets into someone’s car. Finally, he volunteers on Saturday at a Habitat construction site where he works alongside the family that will live in the home built with the proceeds from the Habitat ReStore. Fred sees firsthand the social benefits that Habitat for Humanity provides our community.

It’s an amazing circle of recycle, reduce, reuse. Along with improving their lives, Habitat families also impact the economy by simply moving into their home. They pay property taxes to their local government and buy furniture and lawn supplies for their home from local businesses. All providing that economic impact here in Dane County.

Each year, Habitat for Humanity of Dane County generates more than $9.2 million in economic benefits for Dane County, and for every $1 invested in Habitat for Humanity, $1.76 is generated in economic activity. A group of University of Wisconsin-Madison School of Business students recently spent several weeks studying the economic impact of Habitat for

Humanity of Dane County. The study not only shows the ripple effect of donations to Habitat, but also that Habitat supports about 63 jobs per year in Dane County.

Since Habitat was formed in 1987, Habitat has partnered with 230 families to build 230 homes in Dane County. Habitat homeowners paid nearly $537,000 in property taxes in 2013 alone. The average home sale price for a Habitat homeowner in 2012-13 was $155,385.

In addition, Habitat helps low-to-moderate income families prepare for homeownership through educational classes and since homeowners pay 0% interest on their loan to Habitat, it’s a good value. The average Habitat homeowner’s mortgage payment to Habitat is $802, which includes property tax and insurance payments. The average rental rates for a one-bedroom apartment in Madison is $952 and $1,052 for a two-bedroom apartment.

But the value of Habitat in our community is more than taxes. More than 500 children now live in Habitat homes. Studies have shown that children of homeowners are 116 percent more likely to graduate from college than those who rent.

Many parents have told us their children excelled in school after they moved into their home. Having a safe and secure place to live does make a difference. Thanks to volunteers like Fred.

Valerie JohnsonCEO, Habitat for

Humanity of Dane County

Valerie Johnson was named chief executive officer of Habitat for Humanity of Dane County in July 2012. Prior to coming to Habitat for Humanity, Johnson served as executive director of the Worldwide Foundation for the World Council of Credit Unions in Madison. Prior to that position, she was director of development for the American Society of Agronomy.

Johnson graduated with distinction from the University of Wisconsin-Madison with majors in Ag Extension and Ag Journalism. Since Habitat for Humanity of Dane County was formed in 1987, it has partnered with more than 225 families to build simple, decent and affordable homes in Dane County.

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THE IMPORTANCE OF GIVING BACK

When you look at the definitions and

synonyms of the word “Community” it is clear that the thread running through all of them is the word “common”. Whether you are talking about your neighborhood, town, city, village, or a group of people.....commonalities are definitely there.

Community can also mean kinship, unity, similarity and

cooperation. Community is a positive word...... a prideful word...... and a word that connects people.

So, why is community service so important?

Because there are members of our community who need help. This is something we, at Project Home,see every day in our work through the Weatherization and Home Repair programs and our volunteer-based activities. There are people, right here, struggling just to have the basics in life. Whether they are senior citizens on a fixed income, families working the jobs available to them to provide for their children, or people with disabilities or significant health issues – they all have things in common (with each other and with us) and could all use a little help.

There are a number of wonderful service organizations in our area that work to address needs, but many of them could not function without private community support. Project Home’s two large community events, Hammer with a Heart and Paint-a-thon, would not exist without dedicated volunteers, donors and financial sponsors. If members of MABA (and other fine area organizations) did not show the generosity to donate materials and make financial contributions, or have the commitment to volunteer their time, energy and skill, Hammer with a Heart would not have been able to repair 101 Dane County homes, through 2014.Community service is also mutually beneficial. Yes, giving back benefits the person or charity you are serving, but it also benefits you, your family and your

business or organization. It allows you to meet new people (some that will inspire you and others that will become new business contacts or friends). It gives you new experiences (you can learn a new skill, see how another organization operates or gain a better understanding of an issue in the community you live and work). Plus, it makes you feel good!

When you “give back”, you are not just volunteering for or donating to something, you are making an investment in people and organizations. It’s an act of kindness that can have a profound and lasting effect on a member, or members, of the same community you are a part of. By giving back, you are improving people’s lives and in many cases, giving them a renewed hope and belief in community and Remember, it’s your community. So, give back to it...... invest in it........ take care of it, and you will be more connected to it.

Jason HafemanOutreach Specialist and Hammer with a Heart CoordinatorProject Home, Inc.

Giving Back to the Community

Jason Hafeman is the Outreach Specialist at Project Home and has been with the agency since 2009. He began working in the weatherization department, first as a crew person and then as a crew leader.

Now he concentrates his efforts in all areas of outreach, with a significant emphasis on the Hammer with a Heart and Paint-a-thon programs, where he coordinates and organizes these events supported by local sponsors and volunteers.

Jason’s background includes work in TV, radio, media production and event planning.

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At a time when home buyers are hard to come by, severely injured veterans returning from the Middle East are finding it even more difficult to find homes that fit their special needs. But despite the housing industry’s

problems, it is rising to the occasion. There are numerous instances in which housing interests are giving back.

Chase, the banking affiliate of JPMorgan Chase, recently announced it is donating 100 houses from its inventory of foreclosed properties to wounded warriors. GMAC Mortgage and lender NewDay USA have each donated a single home.

The Building Systems Councils, an affiliate of the National Association of Home Builders, is building a house for a disabled vet in North Carolina. Another NAHB affiliate, the Home Builders Institute, is turning its attention toward training returning soldiers in the various construction trades.

However, no program has more legs than Operation Finally Home, which has built 17 houses from scratch for wounded and disabled vets and widows of servicemen killed in action in Iraq and Afghanistan. Twenty-two more houses are in the pipeline.

Operation Finally Home was founded several years ago by Dan Wallrath, a semiretired custom builder in the Houston area who was asked by a friend to visit with a family whose son was coming home from Iraq with severe brain injuries.

Lew Sichelman, Columnist, Wall Street Journal(Source: NAHB.org)

Returning Vets Get Help Finding Homes

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Returning Vets Get Help Finding Homes (continued)

After showing Wallrath a photo of his son before the injury, the father showed him a picture of his 20-year-old boy in a wheelchair. The father was torn between remodeling his house and placing his son in a nursing home for the rest of his life.

“It just broke my heart. I had to do something,” recalls Wallrath, who persuaded his local builders association to rehab the family’s home at no charge. Wallrath was moved by the plight of a single GI. But there are thousands more like that soldier who, in previous conflicts 20 to 30 years ago, would not have survived their horrific injuries.

Most news reports focus on the 5,000 troops who have lost their lives in the war on terrorism, many leave behind wives, husbands and children.

But what is rarely reported is that nearly 47,500 have been wounded in action, according to the Defense Department. Of those, about 1,500 have lost limbs.

“I just took it for granted that these young men were taken care of for the rest of their lives because of what they’ve done for us,” Wallrath says.

But they’re not taken care of for the rest of their lives. In fact, a veteran is 50 percent more likely to be homeless than the average American, according to the Department of Housing and Urban Development. Worse, says HUD, one in six homeless people is a veteran.

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Dane County June Permit Data

7/10/2014

MABA 2014 Dane County June YTD ComparisonMTD Marketing Services LLC ®

Municipality ReportSingle Family and Duplex Permits Issued

Municipality2014Total

2013Total

2013Starts

2013Avg. Value

2014Starts

2014Avg. Value

2013Avg. Sq Ft

2014Avg. Sq Ft

Blooming Grove (T) $665,000 2 $332,500 3,100

Blue Mounds (T) $695,000 1 $695,000 5,500

Bristol (T) $1,455,000 $880,000 4 3 $363,750 $293,333 3,138 2,667

Christiana (T) $350,000 1 $350,000 3,400

Cottage Grove $1,554,000 $538,000 5 2 $310,800 $269,000 2,881 2,063

Cottage Grove (T) $200,000 1 $200,000 1,950

Dane $180,000 $413,000 1 1 $180,000 $413,000 1,484 2,848

Dane (T) $251,000 1 $251,000 2,900

De Forest $1,471,000 6 $245,167 2,433

Deerfield $440,000 2 $220,000 1,839

Deerfield (T) $215,000 1 $215,000 2,200

Dunkirk (T) $250,000 1 $250,000 2,500

Dunn (T) $650,000 2 $325,000 2,900

Fitchburg $722,000 $856,000 3 5 $240,667 $171,200 2,491 1,773

Lodi (T) $404,000 1 $404,000 4,472

Madison $4,227,000 $4,473,000 18 20 $234,833 $223,650 2,211 2,288

Madison (T) $550,000 1 $550,000 4,500

Marshall $269,000 1 $269,000 2,878

Mc Farland $701,000 2 $350,500 2,810

Middleton $1,579,000 $4,443,000 5 15 $315,800 $296,200 2,950 2,472

Middleton (T) $1,908,000 5 $381,600 3,240

Mount Horeb $1,245,000 4 $311,250 2,734

Oregon $1,211,000 6 $201,833 2,007

Pleasant Springs (T) $450,000 1 $450,000 4,300

Primrose (T) $300,000 1 $300,000 3,100

Roxbury (T) $250,000 1 $250,000 2,400Municipality2014Total

2013Total

2013Starts

2013Avg. Value

2014Starts

2014Avg. Value

2013Avg. Sq Ft

2014Avg. Sq Ft

Springdale (T) $230,000 1 $230,000 2,300

Springfield (T) $1,994,000 $315,000 3 1 $664,667 $315,000 4,571 2,950

Stoughton $1,815,000 3 $605,000 1,488

Sun Prairie $3,379,000 $3,080,000 16 12 $211,188 $256,667 2,276 2,654

Sun Prairie (T) $280,000 1 $280,000 2,800

Vermont (T) $262,000 1 $262,000 2,500

Verona $1,125,000 $240,000 4 1 $281,250 $240,000 2,983 2,209

Verona (T) $431,000 1 $431,000 3,400

Vienna (T) $295,000 1 $295,000 3,100

Waunakee $2,393,000 $1,472,000 7 5 $341,857 $294,400 2,895 2,498

Westport (T) $1,025,000 2 $512,500 3,065

Windsor (T) $1,280,000 $2,306,000 4 10 $320,000 $230,600 2,376 2,360

Page 17: Right Angle Newsletter, July 2014

{ 17 }

Dane County June Permit Data

12 Month ConstructionSPECIAL

NEW CONSTRUCTIONLOANS!

1.10% Interest Rate2.10% APR

Waterloo & Marshall

Apply online to receive $100 towards your

closing costs!

Offer not valid with Home Equity Loans. Limited time offer, starting

4/1/14.

www.FandMstbk.com

Brad Chadwick608-655-1470

[email protected] ID #615931

Kyler Kabat608-655-1632

[email protected] ID #1008823

APR is Annual Percentage Rate. Offer limited to owner occupied properties with a loan to value ratio of 90% or less. Offer based on $300,000 loan that requires

eight monthly interest payments ranging from $128.33 to $142.08 and one balloon payment of $300,142.08. Monthly payment does not include property tax and insurance payments. Other fees may apply. Consult

your tax advisor on interest deductibility. Interest rate subject to change without notice. Subject to approval,

some restrictions apply.

Municipality2014Total

2013Total

2013Starts

2013Avg. Value

2014Starts

2014Avg. Value

2013Avg. Sq Ft

2014Avg. Sq Ft

Springdale (T) $230,000 1 $230,000 2,300

Springfield (T) $1,994,000 $315,000 3 1 $664,667 $315,000 4,571 2,950

Stoughton $1,815,000 3 $605,000 1,488

Sun Prairie $3,379,000 $3,080,000 16 12 $211,188 $256,667 2,276 2,654

Sun Prairie (T) $280,000 1 $280,000 2,800

Vermont (T) $262,000 1 $262,000 2,500

Verona $1,125,000 $240,000 4 1 $281,250 $240,000 2,983 2,209

Verona (T) $431,000 1 $431,000 3,400

Vienna (T) $295,000 1 $295,000 3,100

Waunakee $2,393,000 $1,472,000 7 5 $341,857 $294,400 2,895 2,498

Westport (T) $1,025,000 2 $512,500 3,065

Windsor (T) $1,280,000 $2,306,000 4 10 $320,000 $230,600 2,376 2,360

Municipality2014Total

2013Total

2013Starts

2013Avg. Value

2014Starts

2014Avg. Value

2013Avg. Sq Ft

2014Avg. Sq Ft

YEAR SUM COUNT AVG VALUEYear to Year June Comparison

AVG SQ FT

158,12918028,463,2311999 2,033179,57218533,221,0002000 2,202167,55616828,149,5002001 2,038196,47720440,081,5002002 2,353197,46725850,946,5472003 2,320218,82225455,581,0002004 2,343237,59522252,746,2002005 2,379243,03812931,352,0002006 2,357251,71911428,696,0002007 2,527256,2166015,373,0002008 2,504233,2977417,264,0002009 2,474297,2306519,320,0002010 2,759268,0005414,472,0002011 2,599250,6767719,302,1122012 2,490255,6489424,031,0002013 2,425310,64710231,686,0002014 2,685

Year to Date ComparisonYEAR SUM COUNT AVG VALUE AVG SQ FT

155,1141000155,114,3561999 2,000169,189989167,328,9002000 2,162174,7911212211,846,7002001 2,141188,5041224230,729,5002002 2,281198,4391238245,668,5112003 2,308223,8541322295,936,2802004 2,471239,1661236295,609,7282005 2,386249,867827206,640,5002006 2,476243,343631153,550,0002007 2,377275,696374103,110,5002008 2,613251,07927769,549,0002009 2,509256,79133686,282,0002010 2,491265,93132185,364,0002011 2,593260,34137898,409,1122012 2,544262,283501131,404,0002013 2,508292,700515150,741,0002014 2,623

(T) = TownshipPrepared by MTD MarketingContact: Dominic Collar 920-450-6131

Page 18: Right Angle Newsletter, July 2014

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For responsive, individualized attention, depend on Home Savings Bank.Get local decisions and local underwriting for home mortgages, construction loans and non-owner-occupied financing.

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608.282.6000home-savings.com

Mortgage Loan Experts

STRUCK & IRWIN FENCE, INC.826 Williamson St., Madison, WI 53703 Tel: (608) 255-1673 Fax: (608) 255-1675

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608.849.3018302 Moravian Valley Rd. • Waunakee, WI 53597

Operation Finally Home is now active in eight states — Florida, Illinois, Kansas, Montana, New York, North Carolina, Pennsylvania and Tennessee — and looking to spread even farther.

J.R. Martinez, the severely burned Army vet who went on to a role in daytime television and to win ABC’s “Dancing With the Stars,” is the nonprofit’s spokesman.

The goal is to build 100 houses a year, says the nonprofit’s executive director, Daniel Vargas, himself a retired Air Force tech sergeant. And while the effort is largely a housing industry endeavor, involving builders, developers, subcontractors and suppliers, help from individual citizens is welcome. Of course, money is always needed. “If every American gave just $1, we would solve this problem,” Vargas says. “Or you can hold small fundraisers. Every little bit helps.”

But if Operation Finally Home — or Building Homes for Heroes, Homes for Our Troops or any other similar organization — is active in your area, you also can volunteer your time. Maybe you can help feed the workers, or watch their children while they pound nails. Dozens of tasks that require no experience can be performed on a job site. (For more information, go to: http://operationfinallyhome.org.)

"If every American gave just $1, we would solve this problem. Every little bit helps."

Returning Vets Get Help Finding Homes (continued)

Operation Finally Home Mission: Operation FINALLY HOME, provides custom-built, mortgage free homes to America’s Heroes and the widows of the fallen who have sacrificed so much to defend our freedoms and our way of life. They bring together corporate sponsors, builder associations, builders, developers, individual contributors, and volunteers to help these Heroes and their families transition to the home front by addressing one of their most pressing needs – a home to call their own.

Page 19: Right Angle Newsletter, July 2014

{ 19 }

When you’re choosing a lender, it makes perfect sense to compare rates and loan options. At the same time, savvy buyers know that experience and reputation are just as important. Clients and builders believe we deliver both. Here are a few reasons why:

We offer jumbo loans, low down payment options and the ability to convert to a fixed rate loan.

Builders are excited to work with buyers who have Johnson Bank financing because they know the process will go smoothly.

Unlike many banks, we won’t pass the servicing of your loan onto a third party after closing. For the life of your loan, you’ll talk to a Johnson Bank representative.

n o t y o u r t y p i c a l

c o n s t r u c t i o n l e n d e r

159 Martin Luther King Jr Blvd • 608.250.72005201 East Terrace Dr • 608.249.7800525 Junction Rd • 608.203.3900

Visit johnsonbankmortgage.com to view our mortgage lender bios.

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Page 20: Right Angle Newsletter, July 2014

The Right Angle { 20 }

Madison Area Builders Association5936 Seminole Centre CourtMadison, WI 53711