Wells Fargo employees were out, hammers-in-hands, on Sept. 13, to help frame walls and paint a new three-bedroom Habitat home in Charleston.
Charleston Habitat for Humanity received a $15,000 grant to help build a new home for lifelong Charlestonian Theresa Mitchell and her family in North Charleston Heights.
The activity is a part of a Wells Fargo initiative called Welcome Home, whereby Wells Fargo employees across the country are working with local charities to make an impact in the company foundation’s funding priority, housing affordability, according to a news release from Wells Fargo & Co. Throughout the month of September, Wells Fargo employees are participating in volunteer events like this one in Charleston.
In addition to human capital, Wells Fargo has committed philanthropic resources to develop solutions that increase the supply of homes that are affordable and support families in realizing the dream of homeownership and opportunities for building wealth, the news release said.
Since 2010, Wells Fargo and the Wells Fargo Foundation have donated more than $129 million to Habitat for Humanity International and local affiliates, including grant funding for new home construction and repairs, advocacy, neighborhood revitalization, supporting seniors and other initiatives including the Jimmy & Rosalynn Carter Work Project, Veterans Build and Advancing Black Homeownership.
Related article: Central SC Habitat for Humanity does much more than build houses
Through the 2023 Wells Fargo Builds program, the company is providing $7.5 million in grant funding to Habitat for Humanity International to support new home construction, renovation, or repair of more than 360 projected affordable homes in more than 230 communities across the United States, including Charleston, the company said in the release.o