Initiative to focus on no-cost, essential repairs to make homes in more than 45 communities across the country safer, affordable and more accessible

SOURCE: Wells Fargo

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Rebuilding Together and Wells Fargo Join to Address Urgent Housing Challenges Nationwide Through Critical Home Renovation and Repairs

WASHINGTON, June 7, 2022 /3BL Media/ - The Wells Fargo Foundation has awarded $1.3 million in grants to Rebuilding Together, a leading national nonprofit organization with a vision to ensure safe homes and communities for everyone, to provide critical home repairs to nearly 100 homes in 45 communities across the U.S. As part of the Wells Fargo Builds program, neighbors in need will receive essential home repairs at no cost, allowing residents to remain safe and healthy in their homes.

“Having a quality and affordable place to call home is the foundation for wellness, dignity and economic opportunity,” said Eileen Fitzgerald, head of Housing Affordability Philanthropy at Wells Fargo. “Through Wells Fargo Builds and our long-standing collaboration with Rebuilding Together, we’re helping to restore and renovate distressed properties so people and families can remain safely in their homes.”

To kick-off this year’s nationwide effort during National Homeownership Month, approximately 80 volunteers from Wells Fargo, Rebuilding Together Philadelphia, and the community came out to repair eight homes on the 3300 block of Kip Street in North Philadelphia. Rebuilding Together Philadelphia received a $50,000 grant to complete critical internal and external home repairs and enhancements, including installation of new flooring, smoke detectors, and grab bars, as well as building planter boxes and painting.

“The COVID-19 pandemic has highlighted the importance of having a safe place to call home,” said Caroline Blakely, president and CEO of Rebuilding Together. “Through our collaboration with Wells Fargo, we are able to provide critical home repairs to those who need it most, advancing Rebuilding Together’s mission to ensure everyone lives in a safe home and community.”

For Wells Fargo employees, the community project in Philadelphia was the first Signature Day of Caring event in the local market since 2019, as large-scale volunteering was paused due to the COVID-19 pandemic. Though Wells Fargo Builds, employees will volunteer alongside homeowners and contractors to complete critical home repair, renovation, and home construction projects in other communities in need throughout the year.

Since 2010, Wells Fargo has donated more than $17 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. | Twitter: @RebldgTogthr.

About Wells Fargo

Wells Fargo & Company (NYSE: WFC) is a leading financial services company that has approximately $1.9 trillion in assets, proudly serves one in three U.S. households and more than 10% of small businesses in the U.S., and is a leading middle market banking provider in the U.S. 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. 37 on Fortune’s 2021 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 | Twitter: @WellsFargo.

Tweet me: .@RebldgTogthr and @WellsFargo to provide no-cost, essential repairs to 100 homes across the U.S. #WellsFargoBuilds https://bit.ly/39crLD1

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