Wells Fargo Foundation has awarded Habitat for Humanity Philadelphia with a $750,000 grant to create affordable new housing and repair existing homes.
“We’ve had a rich history of working with Habitat for Humanity Philadelphia to strengthen our neighborhoods through philanthropy and volunteerism,” said Joe Kirk, Greater Philadelphia Region Bank President, Wells Fargo. “Safe and stable housing enables people to build upon the rest of their life and, together, we can shift the narrative to help others understand that housing affordability is both an economic and humanitarian crisis that’s taking a toll on millions of people.”
Wells Fargo Builds provides philanthropic financial assistance from the Wells Fargo Foundation to support the construction, renovation, painting or repairing of homes with low-to-moderate income households. In 2019 alone, Wells Fargo employees volunteered more than 1.9 million hours of service to strengthen their communities, including building, repairing, and improving 674 homes across the U.S. with several organizations through Wells Fargo Builds. In Philadelphia, in 2019, Wells Fargo employees provided hundreds of hours of volunteer time to Habitat for Humanity in Philadelphia.
“Wells Fargo has been a steadfast partner with our homeowners and home repair families to further our vision of a city where everyone has a decent place to live,” said Corinne O’Connell, CEO at Habitat for Humanity Philadelphia. “Their team members have consistently volunteered on our build sites and this investment demonstrates Wells Fargo’s commitment to building and repairing more homes in our city. We’re just getting started and we’re excited by what we will continue to build together”
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