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Wells Fargo Awards $1.2 Million to Rebuilding Together to Rehab Aging Homes

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Wells Fargo Foundation is donating $1.2 million in grants to Rebuilding Together, a nonprofit focused on repairing homes and revitalizing communities. The Wells Fargo Builds program involves employee volunteers repairing 75 homes in 46 communities for older adults, veterans, and others in need. This initiative addresses the rising home repair costs in America, which disproportionately affect low-income individuals.

The grant was announced during an event in Miami Gardens, Florida, where volunteers helped first-time homeowner Mable Henderson with home repairs. Miami HEAT legend Udonis Haslem joined Wells Fargo to support housing access and affordability in his hometown. Since 2010, Wells Fargo has donated over $19 million to Rebuilding Together, supporting rebuilding efforts across the country.

La Fondazione Wells Fargo sta donando 1,2 milioni di dollari in sovvenzioni a Rebuilding Together, un'organizzazione senza scopo di lucro che si concentra sulla riparazione delle abitazioni e sulla rivitalizzazione delle comunità. Il programma Wells Fargo Builds coinvolge volontari dipendenti che riparano 75 case in 46 comunità per anziani, veterani e altre persone bisognose. Questa iniziativa affronta l'aumento dei costi di riparazione delle case in America, che colpiscono in modo sproporzionato le persone a basso reddito.

La sovvenzione è stata annunciata durante un evento a Miami Gardens, Florida, dove i volontari hanno aiutato la prima proprietaria di casa Mable Henderson con le riparazioni. La leggenda dei Miami HEAT Udonis Haslem si è unito a Wells Fargo per sostenere l'accesso e l'affordabilità della casa nella sua città natale. Dal 2010, Wells Fargo ha donato oltre 19 milioni di dollari a Rebuilding Together, sostenendo gli sforzi di ricostruzione in tutto il paese.

La Fundación Wells Fargo está donando 1.2 millones de dólares en subvenciones a Rebuilding Together, una organización sin fines de lucro enfocada en reparar viviendas y revitalizar comunidades. El programa Wells Fargo Builds involucra a voluntarios empleados reparando 75 hogares en 46 comunidades para adultos mayores, veteranos y otras personas necesitadas. Esta iniciativa aborda el aumento de los costos de reparación de viviendas en Estados Unidos, que afecta desproporcionadamente a las personas de bajos ingresos.

La subvención fue anunciada durante un evento en Miami Gardens, Florida, donde los voluntarios ayudaron a la primera propietaria de casa Mable Henderson con las reparaciones del hogar. La leyenda de Miami HEAT Udonis Haslem se unió a Wells Fargo para apoyar el acceso a la vivienda y su asequibilidad en su ciudad natal. Desde 2010, Wells Fargo ha donado más de 19 millones de dólares a Rebuilding Together, apoyando los esfuerzos de reconstrucción en todo el país.

웰스파고 재단이 120만 달러의 보조금을 리빌딩 투게더에 기부합니다. 리빌딩 투게더는 집을 수리하고 커뮤니티를 재생하는 데 주력하는 비영리 단체입니다. 웰스파고 빌드 프로그램은 직원 자원봉사자로 구성되어 있으며, 46개 커뮤니티에서 노인, 재향군인 및 도움이 필요한 이들을 위해 75채의 집을 수리합니다. 이 이니셔티브는 미국의 증가하는 주택 수리 비용 문제를 다루고 있으며, 이는 저소득층 사람들에게 불균형적으로 영향을 미칩니다.

이 보조금은 플로리다주 마이애미 가든에서 열린 행사 중에 발표되었으며, 자원봉사자들은 처음으로 집을 소유한 Mable Henderson의 집 수리에 도움을 주었습니다. 마이애미 히트의 전설 유도니스 해슬렘이 고향에서 주택 접근성과 affordability를 지원하기 위해 웰스파고에 합류했습니다. 2010년 이후 웰스파고는 리빌딩 투게더에 1900만 달러 이상을 기부하여 전국적인 재건 노력을 지원하고 있습니다.

La Fondation Wells Fargo fait un don de 1,2 million de dollars à Rebuilding Together, une organisation à but non lucratif axée sur la réparation des maisons et la revitalisation des communautés. Le programme Wells Fargo Builds implique des employés bénévoles qui réparent 75 maisons dans 46 communautés pour les personnes âgées, les vétérans et d'autres personnes dans le besoin. Cette initiative répond à l'augmentation des coûts de réparation des logements en Amérique, qui affecte de manière disproportionnée les ménages à faibles revenus.

La subvention a été annoncée lors d'un événement à Miami Gardens, en Floride, où des bénévoles ont aidé Mable Henderson, une première propriétaire, dans les réparations de sa maison. La légende des Miami HEAT Udonis Haslem a rejoint Wells Fargo pour soutenir l’accès au logement et son accessibilité dans sa ville natale. Depuis 2010, Wells Fargo a donné plus de 19 millions de dollars à Rebuilding Together, soutenant ainsi les efforts de reconstruction dans tout le pays.

Die Wells Fargo Stiftung spendet 1,2 Millionen Dollar in Zuschüssen an Rebuilding Together, eine gemeinnützige Organisation, die sich auf die Reparatur von Wohnhäusern und die Revitalisierung von Gemeinschaften konzentriert. Das Wells Fargo Builds Programm umfasst freiwillige Mitarbeiter, die in 46 Gemeinschaften 75 Wohnhäuser für ältere Menschen, Veteranen und andere Bedürftige reparieren. Diese Initiative zielt darauf ab, die steigenden Reparaturkosten für Wohnungen in den USA anzugehen, die einkommensschwache Personen überproportional betreffen.

Der Zuschuss wurde während einer Veranstaltung in Miami Gardens, Florida, bekannt gegeben, wo Freiwillige der erstjährigen Hausbesitzerin Mable Henderson bei Reparaturen halfen. Die Legende der Miami HEAT, Udonis Haslem, schloss sich Wells Fargo an, um den Zugang zu Wohnraum und die Leistbarkeit in seiner Heimatstadt zu unterstützen. Seit 2010 hat Wells Fargo über 19 Millionen Dollar an Rebuilding Together gespendet und die Wiederaufbaubemühungen im ganzen Land unterstützt.

Positive
  • Wells Fargo Foundation donates $1.2 million to Rebuilding Together for home repairs
  • Employee volunteers participating in repairing 75 homes across 46 communities
  • Partnership with Rebuilding Together addresses rising home repair costs for low-income individuals
  • Collaboration with local communities and celebrities to support housing initiatives
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Miami HEAT legend Udonis Haslem joins Wells Fargo to support housing access and affordability in his hometown

MIAMI, FL / ACCESSWIRE / September 18, 2024 / The Wells Fargo Foundation is donating more than $1.2 million in grants to Rebuilding Together, a leading national nonprofit dedicated to repairing homes and revitalizing communities. This year, as part of the Wells Fargo Builds program, employees are also volunteering to provide repairs and accessibility modifications to 75 homes in 46 communities nationwide for older adults, veterans, and other neighbors in need.

A recent study shows that home repair costs in America have increased significantly in the past few years, and low-income individuals were nearly twice as likely to need persistent repairs.

"Everyone should have access to a quality, affordable place to call home," said Darlene Goins, head of Philanthropy and Community Impact at Wells Fargo. "We're proud to support Rebuilding Together to help restore aging homes so more people can remain safely and independently in their homes and preserve their generational wealth."

"So many Americans want to age in place in the home and community they love. Unfortunately, not everyone has the means to do so," said Maureen Carlson, President and CEO of Rebuilding Together. "We are incredibly grateful for Wells Fargo's ongoing support to provide quality home repair services. Together, we're helping our neighbors in need remain in their homes for years to come."

The new grant funding was announced during a special event in Miami Gardens, Florida where roughly 30 volunteers from Wells Fargo, Rebuilding Together and the community came together to help first time homeowner Mable Henderson with vital home repairs and backyard improvements. Wells Fargo, the Bank of Doing, teamed up with Miami HEAT legend Udonis Haslem to surprise the Henderson family with new kitchen appliances and an outdoor living space. Rebuilding Together Miami-Dade received a $34,000 grant to provide transformative repairs that include ceiling and structural repairs, interior and exterior painting, and landscaping to help improve safety and accessibility for the Henderson home, as well as the homes of two other local families.

Since 2010, Wells Fargo has donated more than $19 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, older adults, people with disabilities, families with children, and victims of disaster remain in their homes.

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. | X (formerly Twitter): @RebldgTogthr.

About Wells Fargo

Wells Fargo & Company (NYSE:WFC) is a leading financial services company that has approximately $1.9 trillion in assets. 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. 34 on Fortune's 2024 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.

Additional information may be found at www.wellsfargo.com

LinkedIn: https://www.linkedin.com/company/wellsfargo

Contact Information

Rebuilding Together
Chelsea Quenum
cquenum@rebuildingtogether.org

Wells Fargo
Melissa Murray
melissa.k.murray@wellsfargo.com

View additional multimedia and more ESG storytelling from Wells Fargo on 3blmedia.com.

Contact Info:
Spokesperson: Wells Fargo
Website: https://www.3blmedia.com/profiles/wells-fargo
Email: info@3blmedia.com

SOURCE: Wells Fargo



View the original press release on accesswire.com

FAQ

How much did Wells Fargo (WFC) donate to Rebuilding Together in 2024?

Wells Fargo Foundation donated $1.2 million in grants to Rebuilding Together in 2024 as part of the Wells Fargo Builds program.

How many homes will be repaired through Wells Fargo's (WFC) 2024 grant to Rebuilding Together?

The 2024 grant will support repairs and accessibility modifications for 75 homes in 46 communities nationwide.

Who joined Wells Fargo (WFC) in supporting the housing initiative in Miami Gardens?

Miami HEAT legend Udonis Haslem joined Wells Fargo to support housing access and affordability in his hometown of Miami Gardens.

How much has Wells Fargo (WFC) donated to Rebuilding Together since 2010?

Since 2010, Wells Fargo has donated more than $19 million to Rebuilding Together and its affiliate network for rebuilding efforts across the country.

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