The Home Depot Foundation invests $10 million to help veterans age in place, avoid homelessness
The Home Depot Foundation is investing $10 million to help veterans age in place and avoid homelessness. This funding supports the Foundation's goal of a $750 million investment by 2030. The initiative addresses the growing need for accessible housing for aging veterans, with the VA projecting a 535% increase in veterans over 85 needing care in the next 20 years. The funding will facilitate the creation of over 230 new or refurbished rental units, conduct 125 home repairs, provide financial relief to 270 veterans, and complete 400 home adaptations and 7 custom smart homes. The Home Depot Foundation has surpassed $500 million invested in veteran causes since 2011 and aims to impact 50,000 veterans by 2030. The Foundation and Team Depot will also undertake service projects nationwide to enhance the safety and accessibility of veterans' homes.
La Home Depot Foundation sta investendo 10 milioni di dollari per aiutare i veterani a invecchiare nella propria casa e evitare l'evitamento. Questo finanziamento sostiene l'obiettivo della Fondazione di un investimento di 750 milioni di dollari entro il 2030. L'iniziativa affronta il crescente bisogno di alloggi accessibili per i veterani anziani, con il VA che prevede un aumento del 535% nel numero di veterani oltre gli 85 anni che necessiteranno cure nei prossimi 20 anni. Il finanziamento faciliterà la creazione di oltre 230 nuove unità abitative in affitto o ristrutturate, la realizzazione di 125 riparazioni domestiche, il supporto finanziario per 270 veterani, e il completamento di 400 adattamenti domestici e 7 case intelligenti personalizzate. La Home Depot Foundation ha superato i 500 milioni di dollari investiti in cause per veterani dal 2011 e ha l'obiettivo di influenzare 50.000 veterani entro il 2030. La Fondazione e Team Depot intraprenderanno anche progetti di servizio a livello nazionale per migliorare la sicurezza e l'accessibilità delle case dei veterani.
La Fundación Home Depot está invirtiendo 10 millones de dólares para ayudar a los veteranos a envejecer en su hogar y evitar la falta de vivienda. Este financiamiento apoya el objetivo de la Fundación de una inversión de 750 millones de dólares para 2030. La iniciativa aborda la creciente necesidad de viviendas accesibles para veteranos de edad avanzada, con el VA proyectando un aumento del 535% en el número de veteranos mayores de 85 años que necesitarán atención en los próximos 20 años. La financiación facilitará la creación de más de 230 nuevas unidades de alquiler o renovadas, la realización de 125 reparaciones domésticas, el alivio financiero a 270 veteranos, y completará 400 adaptaciones en los hogares y 7 casas inteligentes personalizadas. La Fundación Home Depot ha superado los 500 millones de dólares invertidos en causas de veteranos desde 2011 y tiene como objetivo impactar a 50.000 veteranos para 2030. La Fundación y Team Depot también llevarán a cabo proyectos de servicio a nivel nacional para mejorar la seguridad y accesibilidad de las casas de los veteranos.
홈 디포 재단은 천만 달러를 투자하여 퇴역 군인이 자택에서 안전하게 노후할 수 있도록 돕고 노숙을 방지하고 있습니다. 이 자금은 2030년까지 7억 5천만 달러 투자를 목표로 하는 재단의 목표를 지원합니다. 이 이니셔티브는 노인 퇴역 군인을 위한 접근 가능한 주택의 증가하는 필요성을 다루며, VA는 향후 20년 동안 85세 이상의 퇴역 군인이 필요할 것으로 예상되는 케어가 535% 증가할 것으로 전망하고 있습니다. 이 자금은 230개 이상의 새로운 임대 유닛 또는 개조된 유닛을 만들고, 125개의 주택 수리를 진행하며, 270명의 퇴역 군인에게 재정 지원을 제공하고, 400개의 주택 수정과 7개의 맞춤형 스마트 홈을 완료하는 데 도움이 될 것입니다. 홈 디포 재단은 2011년 이후 5억 달러 이상을 퇴역 군인 관련 사업에 투자하였으며, 2030년까지 5만 명의 퇴역 군인에게 영향을 미칠 목표를 가지고 있습니다. 재단과 팀 디포는 퇴역 군인의 집의 안전성과 접근성을 개선하기 위해 전국적으로 서비스 프로젝트도 진행할 것입니다.
La Fondation Home Depot investit 10 millions de dollars pour aider les vétérans à vieillir chez eux et éviter l'itinérance. Ce financement soutient l'objectif de la Fondation d'un investissement de 750 millions de dollars d'ici 2030. L'initiative vise à répondre au besoin croissant de logements accessibles pour les vétérans vieillissants, le VA prévoyant une augmentation de 535% du nombre de vétérans de plus de 85 ans nécessitant des soins au cours des 20 prochaines années. Le financement facilitera la création de plus de 230 nouvelles unités locatives ou rénovées, effectuera 125 réparations domiciliaires, fournira un soutien financier à 270 vétérans, et réalisera 400 adaptations de logements ainsi que 7 maisons intelligentes sur mesure. Depuis 2011, la Fondation Home Depot a dépassé les 500 millions de dollars investis dans des causes pour vétérans et vise à avoir un impact sur 50 000 vétérans d'ici 2030. La Fondation et Team Depot entreprendront également des projets de service à l'échelle nationale pour améliorer la sécurité et l'accessibilité des maisons des vétérans.
Die Home Depot Foundation investiert 10 Millionen Dollar, um Veteranen zu helfen, in ihrem Zuhause zu altern und Obdachlosigkeit zu vermeiden. Diese Finanzierung unterstützt das Ziel der Stiftung, bis 2030 750 Millionen Dollar zu investieren. Die Initiative geht auf den zunehmenden Bedarf an barrierefreiem Wohnraum für ältere Veteranen ein, wobei das VA einen 535%-igen Anstieg bei Veteranen über 85 Jahren, die in den nächsten 20 Jahren Pflege benötigen, prognostiziert. Die Finanzierung wird die Schaffung von über 230 neuen oder renovierten Mietwohnungen ermöglichen, 125 Wohnungsreparaturen durchführen, finanzielle Unterstützung für 270 Veteranen bereitstellen und 400 Wohnungsanpassungen sowie 7 maßgeschneiderte Smart Homes abschließen. Seit 2011 hat die Home Depot Foundation mehr als 500 Millionen Dollar in Veteranenprojekte investiert und zielt darauf ab, bis 2030 50.000 Veteranen zu erreichen. Die Stiftung und Team Depot werden außerdem landesweit Serviceprojekte durchführen, um die Sicherheit und Zugänglichkeit von Veteranenwohnungen zu verbessern.
- $10 million investment to help veterans.
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Insights
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The program's focus on veteran housing needs addresses a growing market opportunity, with VA projections showing a
New commitment bolsters the Foundation's progress toward
According to recent projections from the Department of Veterans Affairs (VA), the number of veterans over the age of 85 who require care will increase by a staggering
"As veterans age, small accessibility modifications can mean the difference between remaining in their own homes versus being displaced," said Erin Izen, executive director of The Home Depot Foundation. "With this new
The funding announced today will facilitate:
- Creation of affordable housing: Over 230 new or refurbished rental units constructed by organizations including U.S.VETS and Coalition for Responsible Community Development will be made available for veterans.
- Critical home repairs: More than 125 urgent home repairs for low-income veteran families will be conducted by organizations such as Operation Homefront.
- Financial relief: Rental and/or mortgage assistance provided by Housing Assistance Council and similar organizations will be provided to over 270 veterans.
- Home adaptations and smart homes: 400 home adaptations and critical home repairs will be completed by Semper Fi & America's Fund, and seven new fully custom smart homes will be built by Gary Sinise Foundation for veterans with significant service-related disabilities.
"The generous investment from The Home Depot Foundation is an important step forward in our shared mission to support and uplift our veterans through housing," said Stephen Peck, CEO of U.S.VETS. "We are honored to be a partner in this initiative to expand affordable, accessible supportive housing that meets the needs of those who have bravely served our nation."
In celebration of its annual Operation Surprise initiative, The Home Depot Foundation and Team Depot, The Home Depot's associate volunteer force, will undertake hundreds of service projects nationwide to enhance the safety and accessibility of veterans' homes. Throughout the month of November, Team Depot will focus on making veteran housing safer, more accessible and livable for the long run. Beyond physical improvements, Team Depot will also deliver special moments of appreciation to honor those who have served.
On Veterans Day last year, The Home Depot Foundation announced it had surpassed
The Home Depot is proud to have tens of thousands of veterans, service members and military spouses in orange aprons. To learn more about The Home Depot's commitment to the veteran and military communities, visit homedepot.com/military. Follow #OperationSurprise to see how the Foundation and Team Depot are making homes more welcoming for veterans across the country.
About The Home Depot Foundation
The Home Depot Foundation, the nonprofit arm of The Home Depot (NYSE: HD), works to improve the homes and lives of
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SOURCE The Home Depot Foundation
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