UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

Date of Report (Date of Earliest Event Reported): ~~October~~November 30, 2007

HOUSERAISING, INC.

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(Exact Name of Registrant as Specified in Charter)

North Carolina

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(State or Other Jurisdiction of Incorporation)

000-50701

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(Commission File Number)

56-2253025

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(I.R.S. Employer Identification No.)

4801 East Independence Boulevard, Suite 201

Charlotte, North Carolina 28212

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(Address of Principal Executive Offices) (Zip Code)

(704) 532-2121

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(Registrant's Telephone Number, Including Area Code)

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(Former Name or Former Address, if Changed since Last Report)

This Current Report on Form 8-K is filed by HouseRaising, Inc., a North Carolina corporation (the “Registrant”), in connection with the matters described herein.

ITEM 1.01 ENTRY INTO A MATERIAL DEFINITIVE AGREEMENT.

The Registrant reports that it signed an agreement, dated ~~October~~November 30, 2007 (the “Agreement”), with ~~Linda~~Wachovia ~~W. McLemore~~Bank, ~~wife~~N.A. ofto ~~the~~extend ~~late~~its ~~President~~line ~~and Founder~~ of ~~the~~ ~~Registrant,~~credit ~~Christine~~in ~~McLemore Carriker, daughter of~~ the ~~late President~~ ~~and Founder~~ principal ~~and~~amount ~~Senior Vice President and Director~~ of ~~the Registrant~~$2, ~~Elizabeth McLemore~~750,000 daughter of the late President and Founder and Director of the Registrant, the estate of Robert V. McLemore, AFF, Inc., a North Carolina corporation, and the Robert V. McLemore Family Revocable Trust, pursuant to ~~which~~ ~~Linda~~January ~~W. McLemore~~2, ~~AFF,~~2008 ~~Inc.,~~with ~~the~~all ~~estate~~other ofterms ~~Robert V. McLemore~~ and ~~the Robert~~ conditions Vunchanged. McLemore Family Revocable Trust agreed to sell, and the Registrant agreed to buy, a total of 25,777,286 shares of restricted common stock of the Registrant at a purchase price of $.01 per share in a private transaction subject to the approval of the Mecklenburg County Clerk of Courts.

ItThe isRegistrant reports that as of this filing, the company has three separate ~~intention~~ lines of ~~the~~credit ~~Registrant,~~with ifWachovia ~~the~~Bank, ~~transaction~~N.A. iswhich ~~approved~~total $8,000,000: to1) ~~cancel~~the ~~and~~Company ~~retire~~has a line of credit in the ~~shares~~amount of $2,750,000 ~~which~~with ~~represent~~an 45interest only payment of 1-month LIBOR plus 2.835% with all interest and principal due on January 2, 2008; 2) the Company has an annually renewable line of credit in the 56amount of $4,~~251~~000,~~897~~000 ~~issued~~with ~~and~~Wachovia Bank, NA with an interest only payment of 1-month ~~outstanding~~LIBOR plus ~~shares~~1.55% ofwith ~~common~~all ~~stock~~interest asand ofprincipal ~~September~~due 30on February 9, ~~2007.~~2008; ~~The~~and ~~Registrant~~3) ~~also~~the ~~had~~Company 2has a line of credit in the amount of $1,~~500~~250,000 ~~shares~~with ofWachovia ~~convertible~~Bank, NA. with ~~preferred~~an ~~stock~~interest ~~outstanding~~only aspayment of ~~such~~1-month LIBOR plus 2.50% with all interest ~~date,~~and ~~which~~principal isdue ~~convertible~~on ~~falling~~February on28, ~~dates~~2008. ~~during~~Each ~~the~~line ~~period~~of ~~from~~credit ~~2009~~is subject to ~~2010~~a ~~into~~collateral guarantee and subject to renewal with interest due monthly. The 25collateral guarantee with respect to $1,375,000 of the $2,750,000 ~~shares~~line of credit is ~~common~~under ~~stock.~~negotiations and must be renewed to the satisfaction of Wachovia Bank, NA by the due date of January 2, 2008.

If the stock purchase is approved by the Clerk of Court, it is hoped that the reduced number of shares outstanding will make the Registrant more attractive to investors and will enable the Registrant to operate more independently. A copy of the Agreement is attached as Exhibit 10.1 and is incorporated by reference herein.

EXHIBIT INDEX

Exh. No.		Description of Exhibit
10.1		Agreement, dated October 30, 2007

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

	HOUSERAISING, INC.
Date:	By
		Gregory J. Wessling
		Chairman, CEO and President
Date: November 7, 2007

HOUSERAISING, INC.


By
	Gregory J. Wessling
	Chairman, CEO and President

Date: December 3, 2007

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