Wells Fargo & Company, one of the nation’s largest suppliers of volunteers to Habitat for Humanity, today announced a $35,000 grant to support Habitat for Humanity Central Arizona home builds in Phoenix and Chandler. The grant was given by the Wells Fargo Housing Foundation as part of Wells Fargo’s Team Member Volunteer Project.
The grant will be used to support the organizations’ efforts to provide affordable housing to low-income families in Phoenix and Chandler. In addition to the grant, Wells Fargo has committed to 600 hours of team member volunteer service to help build two Habitat homes. The project began on February 7 and continues through June 30. In Arizona, Wells Fargo has 15,000 team members and 260 banking stores.
“Wells Fargo has supported Habitat’s affordable housing work for 20 years, which is one example of our focus on doing what’s right for our communities,” said Pam Conboy, Arizona lead region president. “Together with Habitat for Humanity, we are creating affordable housing opportunities for low-income families who now have homes in which they can take great pride – a mission that Wells Fargo has always believed is important.”
Made possible in part by funding provided through the Wells Fargo Housing Foundation and team member volunteerism, Wells Fargo is participating in several such efforts across the country this year. Wells Fargo Housing Foundation supports local neighborhood revitalization initiatives, with local nonprofits such as Habitat for Humanity Central Arizona, which is active in Maricopa County and parts of Pinal County, to construct, repair and rehabilitate affordable housing with low-income families in communities deeply affected by the housing downturn.
In 2014, the Wells Fargo Housing Foundation donated nearly $20 million in support of affordable housing initiatives serving low- and moderate-income households – including for seniors, veterans, and families – through neighborhood stabilization and community revitalization efforts. Since its inception in 1993, the Wells Fargo Housing Foundation has invested more than $150 million to such efforts, along with mobilizing more than 4.6 million team member volunteer hours to build and rehabilitate more than 5,500 homes and counting.
“Habitat’s Neighborhood Revitalization relies on partnerships with other organizations to solve a variety of problems associated with foreclosed and abandoned properties throughout the country,” Roger Schwierjohn, president and CEO of Habitat for Humanity Central Arizona. “With the support of great partners like Wells Fargo, we are able to work with families and neighborhood organizations to help struggling communities thrive.”