Terwilliger retired last year from Trammell Crow Residential after nearly 30 years with the Atlanta-based company but remains its chairman. He currently chairs Habitat's board of directors, of which he has been a member since 2000.
"In my professional life, I've seen housing strengthen health, education, families, communities and economies," Terwilliger stated in a release. "With this legacy gift to Habitat for Humanity, I want to help ensure a leveraged, sustained impact beyond my lifetime and inspire others to make the commitment to support affordable housing."
Within five years of the funds being transferred by Terwilliger's estate, 70% of the legacy commitment will be used by Habitat for housing microfinancing so that families around the world can improve their living conditions. The remaining 30% will be used for a "leveraged impact fund" that will make annual distributions to help support affordable-housing efforts.
Habitat estimates that Terwilliger's gift will help 60,000 families gain access to improved housing conditions. The ecumenical Christian ministry has built more than 300,000 houses worldwide since it was founded in 1976.
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