Wells Fargo Foundation Grants $7.5 Million to Habitat for Humanity

Wells Fargo ranked No. 32 on the Fair360, formerly DiversityInc Top 50 Companies list in 2023.

The Wells Fargo Foundation awarded a $7.5 million grant to Habitat for Humanity International to help make homes more affordable and accessible.

The grant, as part of the 2023 Wells Fargo Builds program, will provide funding for local Habitat for Humanity affiliates to build and repair more than 360 homes throughout the nation. This includes accessibility modifications to meet the needs of low-income older adults and people with disabilities.

“As a company, we’re committed to bringing homeownership to more families so they can pass that legacy on and grow generational wealth,” said Mary Mack, CEO of Consumer and Small Business Banking for Wells Fargo and Habitat for Humanity International board member. “We’re proud to join Habitat for Humanity once again to create more quality, affordable and accessible homes through new construction and renovation projects to help families and older adults remain in their homes and communities they love.”

The award was announced during a repair event with Greater Des Moines Habitat for Humanity. About 130 volunteers from Wells Fargo and the community partnered to complete critical repairs for local homeowners.

“Safe and accessible housing is a key social determinant of health and helps to improve longevity and overall quality of life,” said Tolli Love, Chief Development Officer at Habitat for Humanity International. “With the support of Wells Fargo this year, we will work together to make a greater impact in communities across the country, including advancing both housing and health equity for older Americans.”

Read more at newsroom.wf.com.