Habitat for Humanity to build three homes in Hillsborough County with assistance of Wells Fargo Foundation grant
TAMPA, FL (September 4, 2020) – Three Habitat for Humanity of Hillsborough County homes are currently under construction thanks to a partnership with Wells Fargo and Habitat for Humanity International that includes an $8 million donation. The funding from the Wells Fargo Foundation supports the construction and repairs of safe and affordable housing for limited-income families built in collaboration with Habitat affiliates in nearly 50 states.
Through Wells Fargo Builds, the Habitat for Humanity of Hillsborough County affiliate received a $45,000 grant, which will contribute to the construction of three local homes for the Griffin, Hill and Sirmons families.
The collaboration with Habitat for Humanity is part of a $1 billion philanthropic commitment by Wells Fargo to create more housing affordability solutions by 2025.
“Far too many people are struggling financially and facing housing instability that has only been exasperated by the COVID-19 pandemic,” said Steve Schultz, Wells Fargo’s Sun Coast Region Bank President. “Wells Fargo has a deep commitment to advance housing affordability solutions. We are proud to support Habitat for Humanity International and its affiliates’ work with low- and moderate-income families to create more housing affordability solutions across the U.S.”
In 2019, Wells Fargo employees volunteered more than 1.9 million hours of service to strengthen their communities, including building, repairing, and improving 674 homes across the U.S.
“We are grateful for Wells Fargo’s generous support over the past decade,” said Tina Swain, CEO of Habitat for Humanity of Hillsborough County. “Now more than ever, when so many low income families are struggling to find a safe, affordable place to call home, we depend on the tremendous support of corporate partners like Wells Fargo to help Habitat build stability for our local families through affordable homeownership.”
Since 2010, Wells Fargo has donated $85 million directly to Habitat affiliates and $15 million to support national Habitat for Humanity efforts, including new home construction, repairs, revitalizing neighborhoods, and helping older adults remain in their homes. In addition, funding has helped provide transitional shelters, drinking water and other services for more than 120 families in India impacted by Cyclone Amphan and will support the construction of Habitat homes with veterans over the next year along with Habitat’s Cost of Home advocacy campaign, which aims to find solutions and create policies at each level of government that will improve housing affordability.
About Habitat for Humanity of Hillsborough County
With a 4-star Charity Navigator rating, Habitat for Humanity of Hillsborough County builds and renovates homes in partnership with individuals and families in need of decent, affordable housing. Habitat for Humanity of Hillsborough County is an affiliate of Habitat for Humanity International, a global housing ministry that seeks to put God’s love into action, bringing people together to build homes, communities and hope. Since 1987, Habitat for Humanity of Hillsborough County has partnered with homeowners and the community to build or renovate nearly 300 homes. Families and individuals qualify for the Habitat for Humanity homeownership program based on need, willingness to partner in the program through sweat equity hours and completion of homeowner classes, and the ability to pay an affordable, zero-interest mortgage. For more details on Habitat for Humanity of Hillsborough County, visit HabitatHillsborough.org or call 813-239-2242.
About Wells Fargo
Wells Fargo & Company is a diversified, community-based financial services company with $1.97 trillion in assets. Wells Fargo’s vision is to satisfy our customers’ financial needs and help them succeed financially. Founded in 1852 and headquartered in San Francisco, Wells Fargo provides banking, investment and mortgage products and services, as well as consumer and commercial finance, through 7,300 locations, more than 13,000 ATMs, the internet (wellsfargo.com) and mobile banking, and has offices in 31 countries and territories to support customers who conduct business in the global economy. With approximately 266,000 team members, Wells Fargo serves one in three households in the United States. Wells Fargo & Company was ranked No. 30 on Fortune’s 2020 rankings of America’s largest corporations. News, insights and perspectives from Wells Fargo are also available at Wells Fargo Stories.