Habitat for Humanity to launch effort in nearly 30 communities with $300,000 Wells Fargo Housing Foundation grant, Wells Fargo volunteer support
Habitat for Humanity and Wells Fargo & Company (NYSE: WFC) today
announced a new commitment to improve 100 homes with veterans in nearly
30 communities across the country from Seattle to South Palm Beach,
Florida.
Launched in May during Military Appreciation Month with the support of a
$300,000 grant from the Wells Fargo Housing Foundation, Wells Fargo
volunteers will work alongside veterans on projects such as painting,
landscaping and other improvements that support sustainable housing.
“Veterans have made extraordinary sacrifices for our country, and by
teaming up with Habitat for Humanity we will work side-by-side with
veterans to make important improvements to their homes that may
otherwise be unattainable,” said Martin Sundquist, executive director of
the Wells Fargo Housing Foundation. “Our team members are active and
engaged volunteers and support their local communities by applying their
time and talents where they live and work, and this effort is one of
several ways we work with Habitat to create affordable and sustainable
housing.”
Local Habitat organizations will identify home improvement opportunities
in their communities and lead the work with veterans and Wells Fargo
volunteers to beautify homes by landscaping, painting and other
improvements.
“Access to safe and decent housing is a challenge for far too many
households, including our country’s veterans,” said Colleen Finn
Ridenhour, senior vice president of Development, Habitat for Humanity
International. “This most recent commitment by the Wells Fargo Housing
Foundation will enable us to work with veterans to improve their homes
and, we believe, make a positive impact to their lives and their
neighborhoods.”
Wells Fargo team members have volunteered more than 315,000 hours to
build and improve more than 2,100 Habitat homes with low-income
homeowners, seniors and veterans since 2010. Wells Fargo Housing
Foundation donated more than $44 million from 2010 to 2016 to Habitat
locally and nationally, of which $14 million has supported national
programs with Habitat for Humanity International and its mission of a
world where everyone has a decent place to live.
About Habitat for Humanity
Driven by the vision that everyone needs a decent place to live, Habitat
for Humanity began in 1976 as a grassroots effort on a community farm in
southern Georgia. The Christian housing organization has since grown to
become a leading global nonprofit working in more than 1,300 communities
throughout the U.S. and in more than 70 countries. Families and
individuals in need of a hand up partner with Habitat for Humanity to
build or improve a place they can call home. Habitat homeowners help
build their own homes alongside volunteers and pay an affordable
mortgage. Through financial support, volunteering or adding a voice to
support affordable housing, everyone can help families achieve the
strength, stability and self-reliance they need to build better lives
for themselves. Through shelter, we empower. To learn more, visit habitat.org.
About the Wells Fargo Housing Foundation
In 2016, the Wells Fargo Housing Foundation donated $20 million in
support of affordable housing initiatives serving low- and
moderate-income households – including for seniors, veterans, and
families – through community revitalization efforts. Since its inception
in 1993, the Wells Fargo Housing Foundation has invested more than $190
million to such efforts, along with mobilizing more than 4.7 million
team member volunteer hours to build and rehabilitate nearly 7,100 homes
and counting. www.wellsfargo.com/about/wfhf_oview.
About Wells Fargo
Wells Fargo & Company (NYSE: WFC) is a diversified, community-based
financial services company with $2.0 trillion in assets. Founded in 1852
and headquartered in San Francisco, Wells Fargo provides banking,
insurance, investments, mortgage, and consumer and commercial finance
through more than 8,500 locations, 13,000 ATMs, the internet (wellsfargo.com)
and mobile banking, and has offices in 42 countries and territories to
support customers who conduct business in the global economy. With
approximately 273,000 team members, Wells Fargo serves one in three
households in the United States. Wells Fargo & Company was ranked No. 27
on Fortune’s 2016 rankings of America’s largest corporations. Wells
Fargo’s vision is to satisfy our customers’ financial needs and help
them succeed financially. News, insights and perspectives from Wells
Fargo are also available at Wells
Fargo Stories.