Wells Fargo and Habitat for Humanity to Build 350 Affordable Homes in the U.S.

Wells Fargo and Habitat for Humanity to Build 350 Affordable Homes in the U.S.

May 24, 2022 by Businesswire

Key Facts

  • CHARLOTTE, N.C.--(BUSINESS WIRE)--As homeownership remains out of reach for too many families, Wells Fargo today announced an effort to support new home construction, renovation, and repair of more than 350 affordable homes across the U.S. in collaboration with Habitat for Humanity International.
  • Through the Wells Fargo Builds program, the company is providing $7.75 million in grant funding to help local Habitat for Humanity affiliates increase the supply of affordable homes in 200 communities nationwide.
  • “The pandemic highlighted in a new way that a quality and affordable place to call home, especially during times of crisis, is critical to the safety and security of families,” said Mary Mack, CEO of Consumer and Small Business Banking for Wells Fargo and a Habitat for Humanity International board member.
  • Wells Fargo and the Wells Fargo Foundation have donated more than $119 million to Habitat for Humanity International and local affiliates in support of affordable and sustainable housing since 2010, including support for new home construction and repairs, helping older adults age in their homes, and neighborhood revitalization and disaster response efforts.

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