Initiative to focus on no-cost, essential renovations to make homes safer, more affordable and more accessible in more than 45 communities across the country
WASHINGTON –Direct News– Wells Fargo
Wells Fargo Builds Together and Joins to Address Immediate Housing Challenges Nationwide Through Critical Renovation and Home Improvement
WASHINGTON, June 7, 2022 / 3BL Media / – The Wells Fargo Foundation has given $ 1.3 million in grants to Rebuilding Together, a leading national nonprofit organization that aims to ensure safe homes and communities for all, to provide of critical home renovations in nearly 100 homes in 45 communities across the U.S. As part of the Wells Fargo Builds program, neighbors in need will receive essential home renovations free of charge, allowing residents to stay safe and healthy in their homes.
“Having a quality and affordable place to call home is the foundation for well-being, dignity and economic opportunity,” said Eileen Fitzgerald, head of Housing Affordability Philanthropy at Wells Fargo. “Through Wells Fargo Builds and our long-standing partnership with Rebuilding Together, we are helping to restore and renovate distressed properties so people and families can stay safe in their homes.”
To begin this year’s nationwide effort at National Homeownership Month, approximately 80 volunteers from Wells Fargo, Rebuilding Together Philadelphia, and the community came out to fix up eight homes in the 3300 block of Kip Street in North Philadelphia. Rebuilding Together Philadelphia received a $ 50,000 grant to complete critical interior and exterior repairs and improvements to the home, including the installation of new flooring, smoke detectors, and grab bars, as well as the construction of planter box and painting.
“The COVID-19 pandemic emphasized the importance of having a safe place to call,” said Caroline Blakely, president and CEO of Rebuilding Together. “Through our partnership with Wells Fargo, we are able to provide critical home repairs to those who need them most, advancing the mission of Rebuilding Together to ensure that everyone lives in a safe home and community. . “
For Wells Fargo employees, the Philadelphia community project is the first Signature Day of Caring event in the local market since 2019, as large-scale volunteering has been paused due to the COVID-19 pandemic. Although Wells Fargo Builds, employees will volunteer along with homeowners and contractors to complete critical home renovation, renovation, and construction projects in other communities in need throughout the year.
Since 2010, Wells Fargo has donated more than $ 17 million to Rebuilding Together and its affiliate network to support rebuilding efforts nationwide, including providing essential home renovations, mobilizing communities, and helping veterans, the elderly, people with disabilities, families with children, and disaster victims remain in their homes.
Restructuring Together
Rebuilding Together is the leading national nonprofit organization that organizes the homes of people in need and energizes our communities. Through its national network of affiliates, Rebuilding Together proactively and collaborates with community leaders, long -term residents, funders, and volunteers to stimulate dialogue and create safe, healthy communities across the country. Learn more and get involved at rebuildingtogether.org. | Twitter: @RebldgTogthr.
About Wells Fargo
Wells Fargo & Company (NYSE: WFC) is a leading financial services company with approximately $ 1.9 trillion in assets, proudly serving one in three U.S. households and more than 10% of small businesses. in the US, and is a leading middle market banking provider in the US We provide a diverse range of banking, investment and mortgage products and services, as well as consumer and commercial finance, through our four reported operating segments: Consumer Banking and Lending, Commercial Banking, Corporate and Investment Banking, and Wealth & Investment Management. Wells Fargo ranked No. 37 in Fortune’s 2021 rankings of America’s largest corporations. In the communities we serve, the company focuses its impact on society on building a sustainable, inclusive future for all by supporting housing affordability, small business growth, financial health, and a low-carbon economy. News, insights, and insights from Wells Fargo are also available at Wells Fargo Stories.
More information can be found at www.wellsfargo.com | Twitter: @WellsFargo.
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Check out the source version at newsdirect.com: https://newsdirect.com/news/rebuilding-together-and-wells-fargo-join-to-address-urgent-housing-challenges-nationwide-through-critical-home-renovation -and-repair-854967197