The Home Depot Partners with Habitat for Humanity to Help Communities "Bring On Spring"

Rhea-AI Summary

The Home Depot partners with Habitat for Humanity to support community spring projects, donating over $200,000 in products. This initiative continues a decade-long collaboration that has seen over $24 million granted to Habitat's Repair Corps program since 2011. The first project will enhance the Female Veterans Village in Brevard County, Florida. The partnership aims to empower communities with tools and resources for local revitalization efforts. The Home Depot encourages everyone to engage in DIY projects this spring.

Positive

• Partnership with Habitat for Humanity strengthens community ties.
• Donation of over $200,000 aids local revitalization and DIY projects.
• Historical support includes over $24 million granted since 2011.

Negative

• None.

ATLANTA, March 25, 2021 /PRNewswire/ -- The Home Depot^®, the world's largest home improvement retailer, announced today its partnership with Habitat for Humanity International to empower communities to Bring on Spring. Providing more than $200,0000 in products, The Home Depot will give Habitat for Humanity organizations across the country the tools needed to help local communities tackle spring DIY projects and neighborhood revitalization efforts. 

After an exceedingly tough year, we know communities are ready to get outside and take on spring projects.

"After an exceedingly tough year, we know communities are ready to get outside and take on spring projects from painting to landscaping," said Jeff Kinnaird, executive vice president of merchandising for The Home Depot. "We are excited to partner with Habitat for Humanity to provide the products and know-how to meet the needs of communities looking to complete spring projects."

The spring donation from The Home Depot builds on the decade-long partnership between Habitat for Humanity and The Home Depot Foundation. Since 2011, The Home Depot Foundation has granted more than $24 million to Habitat's Repair Corps program to build, repair or rehabilitate veteran homes. The first spring project to be completed this season will be landscaping and fencing at the first-ever Female Veterans Village in Brevard County, Florida, which was originally built in partnership with Habitat for Humanity of Brevard County through a grant from The Home Depot Foundation. 

"Everyone deserves to have a safe, decent, and affordable place to live and be proud to call home," said Colleen Finn Ridenhour, chief development officer at Habitat for Humanity International. "Revitalization looks different in each neighborhood and The Home Depot's donation will help us continue to partner with communities to address their local concerns and improve the lives of residents." 

This spring, The Home Depot is encouraging doers at every skill and interest level to take on new projects to Bring on Spring. To find step-by-step instructions, how-to videos, and more for over 3,000 DIY projects, visit homedepot.com/springDIY. To learn more about the work of The Home Depot Foundation, visit homedepotfoundation.org

About The Home Depot 

The Home Depot is the world's largest home improvement specialty retailer. The Company operates a total of 2,298 retail stores in all 50 states, the District of Columbia, Puerto Rico, U.S. Virgin Islands, Guam, 10 Canadian provinces and Mexico. In fiscal 2020, The Home Depot had sales of $132.1 billion and earnings of $12.9 billion. The company employs approximately 500,000 associates. The Home Depot's stock is traded on the New York Stock Exchange (NYSE: HD) and is included in the Dow Jones industrial average and Standard & Poor's 500 index.

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SOURCE The Home Depot

FAQ

What is the donation amount from The Home Depot to Habitat for Humanity?

The Home Depot donated over $200,000 to Habitat for Humanity.

How long has The Home Depot partnered with Habitat for Humanity?

The partnership has lasted for over a decade, since 2011.

What is the first project of the spring initiative by The Home Depot?

The first project will be landscaping and fencing at the Female Veterans Village in Brevard County, Florida.

What is the significance of the partnership for local communities?

The partnership empowers communities to tackle spring projects and neighborhood revitalization efforts.

What is the stock symbol for The Home Depot?

The stock symbol for The Home Depot is HD.