STOCK TITAN

Wells Fargo, Habitat for Humanity Help Homeowners Age in Place

Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Very Positive)
Tags

NORTHAMPTON, MA / ACCESSWIRE / June 22, 2023 / For Robert, a new wheelchair ramp means his son doesn't have to get out of his wheelchair to come inside his home every weekend.

The ramp, as well as a new door, are possible through a $7.5 million Wells Fargo Foundation grant to Habitat for Humanity International, which is already being put to good use in Des Moines, Iowa, where roughly 130 Wells Fargo and community volunteers recently completed critical home repairs and updates for about a dozen local homeowners. Visit Wells Fargo Stories to watch the video.

"[Wells Fargo's investment] has made a difference in the community itself, not just for me individually, but for all the community," said Robert, 66, who has two adult children who use wheelchairs.

The work aims to help families live more affordably and enable the country's aging population to remain in their homes. About one in five Americans will be 65 years or older by 2030, yet some 19 million Americans already live in homes that are in disrepair or are ill-equipped to meet their mobility needs.

"The program with Habitat started 30 years ago in Des Moines with a team of our employees. We built a house with a family of five. And now we're in cities across the country," said Mary Mack, Wells Fargo's retired CEO of Consumer and Small Business Banking. "This year, we'll build or repair 360 homes across the country and make a huge difference in homeownership and livability."

Wells Fargo and the Wells Fargo Foundation have donated more than $129 million to Habitat for Humanity and its local affiliates in the past 13 years for new home construction, disaster response, and more.

Wells Fargo, Thursday, June 22, 2023, Press release picture

Robert is one of about a dozen Des Moines area homeowners who recently had wheelchair ramps and other improvements installed in their homes as a result of a $7.5 million Wells Fargo Foundation grant to Habitat for Humanity International.

View additional multimedia and more ESG storytelling from Wells Fargo on 3blmedia.com.

Contact Info:
Spokesperson: Wells Fargo
Website: https://www.3blmedia.com/profiles/wells-fargo
Email: info@3blmedia.com

SOURCE: Wells Fargo



View source version on accesswire.com:
https://www.accesswire.com/763137/Wells-Fargo-Habitat-for-Humanity-Help-Homeowners-Age-in-Place

Wells Fargo & Co.

NYSE:WFC

WFC Rankings

WFC Latest News

WFC Stock Data

213.47B
3.49B
0.08%
77.89%
1.12%
Commercial Banking
Finance and Insurance
Link
United States of America
SAN FRANCISCO

About WFC

Wells Fargo & Company is an American multinational financial services company with a significant global presence. The company operates in 35 countries and serves over 70 million customers worldwide.