Clayton Donates $250K to Next Step Network

Housing leader continues support for mission-driven nonprofit to promote affordable homeownership

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May 23, 2017, 10:26 ET

LOUISVILLE, Ky., May 23, 2017 /PRNewswire/ -- Yesterday, Next Step Network and Clayton – a Berkshire Hathaway company and one of the leading builders of manufactured, modular and site built homes in the U.S. – announced that Clayton has donated $250,000 to provide critical mission support for Next Step Network.

On May 22, Clayton presented Next Step Network with a $250,000 donation to help provide affordable housing as part of Next Step’s Manufactured Housing Done Right® model.

"Clayton has been a loyal supporter of Next Step's mission since the beginning," said Stacey Epperson, president and CEO of Next Step. "By working collaboratively with our nonprofit members across the country, Clayton home centers and manufacturing facilities have helped expand affordable homeownership opportunities for families through the building of new, energy-efficient manufactured and modular homes."

In order to support nonprofit housing work in communities across the country, $50,000 of Clayton Homes' donation will be directly allocated by Next Step to their member organizations in the form of small grant funds, meant to provide additional resources to help them deliver Next Step's Manufactured Housing Done Right® model.

As a nonprofit housing intermediary, Next Step brings together mission-driven housing organizations and industry leaders in factory-built housing to promote the use of manufactured and modular homes as an affordable housing solution. The fellowship with Next Step and Clayton spans more than a decade.

"We believe homeownership makes lives better," said Kevin Clayton, CEO of Clayton Homes. "With the average new site built home in America now priced at $388,200, we think it is more important than ever to provide an affordable housing solution to hardworking families across the country. Clayton is proud to support this effort through its ongoing efforts with Next Step."

Clayton has served as a key ally for Next Step in the manufactured housing industry, providing experience and expertise for both Next Step and their nonprofit member organizations, manufacturing quality, ENERGY STAR® certified homes for Next Step homeowners, and contributing support and resources to help deliver on Next Step's Manufactured Housing Done Right® model.

The Next Step Network is composed of 50 nonprofit member organizations, serving 29 states and the District of Columbia. Since 2013, Next Step member organizations have delivered 463 new ENERGY STAR® certified, factory-built homes to communities nationwide.

ENERGY STAR and the ENERGY STAR mark are registered trademarks owned by the U.S. Environmental Protection Agency.

Next Step Network^®mobilizes a national network of nonprofits to provide affordable housing tailored to the needs of communities that they serve. Their system – Manufactured Housing Done Right® – connects responsible financing, comprehensive homebuyer education and delivery of high-quality, ENERGY STAR® certified manufactured homes at scale, creating a model that brings more value to the customer. Learn more at www.nextstepus.org.

Founded in 1956, Clayton is committed to opening doors to a better life and building happiness through homeownership. As a diverse builder committed to quality and durability, Clayton offers traditional site-built homes, modular homes, manufactured housing, tiny homes, college dormitories, military barracks and apartments. In 2016, Clayton built more than 41,000 homes. Clayton is a Berkshire Hathaway company. For more information, visit claytonhomes.com.

SOURCE Clayton