Press Room

MEDIA ADVISORY

DATE: June 6, 2007
CONTACT: Shawn Flaherty, 703-903-4384
Jennifer Meyer, 703-903-3877

JUNE 9, 2007: MAGIC JOHNSON, WASHINGTON WIZARDS AND OTHERS HELP FIGHT DC AREA FAMILY HOMELESSNESS AT 'FREDDIE MAC'S HOOPS FOR THE HOMELESS®'

WHAT: Save the Date…Freddie Mac's Hoops for the Homeless® is back in a big way this year as Magic Johnson, Washington Wizards All-Star Gilbert Arenas, and others help Freddie Mac fight family homelessness in the DC area. Freddie Mac's annual celebrity basketball tournament takes place on June 9 at the Verizon Center in Washington, DC and will benefit six local nonprofits: Hannah House and So Others Might Eat (SOME) in DC; United Communities Against Poverty (UCAP) and Community Ministry of Montgomery County in MD; and Reston Interfaith and Securing Emergency Resources Through Volunteer Service (SERVE) in VA. Last year, this event raised $900,000 to help reduce family homelessness and drew 10,000 fans.

WHY: According to a study conducted last year, more than 12,000 individuals are homeless in the DC area – nearly half of which are families. Also, children make up a quarter of the local homeless population.

WHO: Celebrities, professional athletes and media personalities – including basketball legend Magic Johnson, Washington Wizards All-Star Gilbert Arenas, and former Washington Redskin Ken Harvey – will all help slam-dunk family homelessness in the DC region. In addition, each shelter has a "client" team participating to further raise awareness about the plight of homeless families.

WHEN: Saturday, June 9, 9am-5pm
Tournament Tip-off: 9am
Magic Johnson On-Site: 10am – 1pm
Gilbert Arenas On-Site: 11am – 2pm

*Press Conference w/Magic Johnson and Gilbert Arenas: 11:00 – 11:25am

WHERE: Verizon Center
*Press should enter at the "Administrative Entrance" on 7th Street
601 F St., NW
Washington, DC 20004

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Freddie Mac is a stockholder-owned company established by Congress in 1970 to support homeownership and rental housing. Freddie Mac fulfills its mission by purchasing residential mortgages and mortgage-related securities, which it finances primarily by issuing mortgage-related securities and debt instruments in the capital markets. Over the years, Freddie Mac has made home possible for one in six homebuyers and four million renters in America. Visit: www.freddiemac.com.