Focus on addressing urgent housing challenges to make homes safer and more accessible
SOURCE: Wells Fargo
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WASHINGTON, June 1, 2021 /3BL Media/ – Rebuilding Together, a leading national nonprofit providing essential home repairs and revitalizing communities, today announced a national initiative with Wells Fargo. The effort will focus on addressing urgent housing challenges through critical housing repairs that help provide safe, healthy and accessible homes for everyone.
The Wells Fargo Builds℠ program provides philanthropic financial support for the construction, renovation, or repair of homes for low-to-moderate income households. Wells Fargo is donating $1.25 million to Rebuilding Together, which is part of a $1 billion commitment made by the Wells Fargo in 2019 to address the U.S. affordability housing crisis through 2025.
“We have a longstanding history of working with Rebuilding Together to strengthen neighborhoods and communities through philanthropy and volunteerism,” said Eileen Fitzgerald, head of housing affordability philanthropy with Wells Fargo. “Through our collaboration we are providing our most vulnerable and underserved communities with safe and stable housing on which they can build their lives.”
Since 2010, Wells Fargo has donated more than $16 million to Rebuilding Together and its affiliate network to support rebuilding efforts across the country, including providing essential home repairs, revitalizing communities, and helping veterans, seniors, people with disabilities, families with children and victims of disaster remain in their homes. Last year, Rebuilding Together and Wells Fargo collaborated to deepen the impact in underserved neighborhoods and communities nationwide, bringing tangible assistance to nearly 100 neighbors.
“Wells Fargo understands the importance of giving back to our neighbors and rebuilding our neighborhoods and communities across the country,” said Caroline Blakely, President and CEO of Rebuilding Together. “Through our collaboration, we are providing critical home repairs to those who need it most, advancing Rebuilding Together’s mission to ensure everyone lives in a safe home and community.”
This year, Wells Fargo will provide essential home repairs in more than 45 communities, helping homeowners nationwide receive quality critical home repairs at no cost to them and allowing them to remain safe and healthy in their homes.
For more information about the partnership, follow #WellsFargoBuilds on social media or visit: https://rebuildingtogether.org/corporate-partners.
About Rebuilding Together
Rebuilding Together is the leading national nonprofit organization repairing the homes of people in need and revitalizing our communities. Through its national network of affiliates, Rebuilding Together works proactively and collaboratively with community leaders, long-term residents, funders and volunteers to foster dialogue and create safe, healthy communities across the country. Learn more and get involved at rebuildingtogether.org.
About Wells Fargo
Wells Fargo & Company (NYSE: WFC) is a leading financial services company that has approximately $1.9 trillion in assets and proudly serves one in three U.S. households and more than 10% of all middle market companies and small businesses in the U.S. We provide a diversified set of banking, investment and mortgage products and services, as well as consumer and commercial finance, through our four reportable operating segments: Consumer Banking and Lending, Commercial Banking, Corporate and Investment Banking, and Wealth & Investment Management. Wells Fargo ranked No. 30 on Fortune's 2020 rankings of America's largest corporations. In the communities we serve, the company focuses its social impact 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 perspectives from Wells Fargo are also available at Wells Fargo Stories.
KEYWORDS: NYSE:WFC, Wells Fargo, rebuilding together
