Broker Check

Habitat For Humanity and Private Capital Group Build

| October 20, 2020
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“For a community to be whole and healthy, it must be based on people’s love and concern for each other.”

– Millard Fuller, lawyer, author, and founder of Habitat for Humanity.


It is safe to say that none of us expected 2020 to look the way it has so far. From the terrible impact of COVID-19 to political and civil unrest in the United States and around the world, this year has truly been one like no other. And while we have all experienced the turbulence of 2020 in one way or another, homeowners have especially been impacted by it.

During the 15-week height of the pandemic from end of March to June, the United States reported that roughly 49 million Americans had filed new claims for unemployment benefits. It is estimated that the United States could potentially need an additional 7 million housing units to meet current demand for extremely low-income renters and those impacted by the pandemic.

Through Habitat for Humanity’s efforts to partner with people in your community, Habitat homeowners achieve the strength, stability, and independence they need to build a better life for themselves and for their families. In Habitat homes, families find better health, more financial freedom, and security.

All of us at Private Capital Group would like to take this moment to thank you for your generous donations to our annual Habitat for Humanity Build-A-Thon. Your contributions are greatly appreciated, and with your help, we raised $21,903.55 to help families in our community fulfill their dream of owning a beautiful home. On October 9th, while taking proper PPE and social distancing precautions, several members of the PCG team worked on two houses in Bristol, CT to install outdoor siding. While manual construction was a new experience for many of us, we enjoyed the opportunity to get our hands dirty and learn more about the history of Habitat for Humanity as well as see the efforts of our work come to life.

Private Capital Group is so fortunate to partner with an organization like Habitat for Humanity and we look forward to continuing to contribute in any way that we can towards Habitat’s goal.

We hope that you and your loved ones are safe and healthy, and we hope to see you soon!

Please remember that past performance may not be indicative of future results. Different types of investments involve varying degrees of risk, and there can be no assurance that the future performance of any specific investment, investment strategy, or product (including the investments and/or investment strategies recommended or undertaken by Private Capital Group, LLC (“PCG”), or any non-investment related content, made reference to directly or indirectly in this communication will be profitable, equal any corresponding indicated historical performance level(s), be suitable for your portfolio or individual situation, or prove successful. Due to various factors, including changing market conditions and/or applicable laws, the content may no longer be reflective of current opinions or positions. Information contained in this communication is based on data gathered from what we believe are reliable sources. It is not guaranteed by PCG as to accuracy, does not purport to be complete, and is not intended to be used as a primary basis for investment decisions. Further, you should not assume that any discussion or information contained in this communication serves as the receipt of, or as a substitute for, personalized investment advice from PCG. To the extent discussed herein, investment indices are unmanaged and cannot be purchased directly. Historical performance results for investment indexes and/or categories are included for informational purposes only and generally do not reflect the deduction of transaction and/or custodial charges or the deduction of an investment-management fee, the incurrence of which would have the effect of decreasing historical performance results. The S&P 500 is an unmanaged index of 500 widely held stocks that is generally considered representative of the US stock market. To the extent that a reader has any questions regarding the applicability of any specific issue discussed above to his/her individual situation, he/she is encouraged to consult with the professional advisor of his/her choosing. PCG is neither a law firm nor a certified public accounting firm and no portion of the communication should be construed as legal or accounting advice. A copy of the PCG’s current written disclosure Brochure discussing our advisory services and fees is available upon request.

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