Wells Fargo (WFC) helped launch the Healthy Housing Challenge to create safe homes for seniors, veterans and low-income families living in houses with potential safety threats.
The bank committed up to $850,000 over three years to the National Center for Healthy Housing, a nonprofit dedicated to creating safe homes, to kick-start the program. Rebuilding Together, a nonprofit for giving families healthy houses, will lead the home improvement work on 1,500 homes.
"This funding and volunteers from Wells Fargo will help us reach 1,500 families with life-saving upgrades to their homes," said Rebecca Morley, National Center for Healthy Housing’s executive director. "Millions of families across the country have both obvious and hidden hazards in their homes and homeowners often are unaware these problems can be solved through relatively simple fixes."
Additionally, the $850,000 commitment includes a $1 for $1 match up to $250,000 for cash contributions made by other foundations, corporations and individuals to the NCHH for the challenge.
The challenge starts this Spring and works across nine communities, including Denver, Colo. and Sacramento, Calif.