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

Initiative to target on no-price tag, important repairs to make residences in extra than 45 communities throughout the state safer, inexpensive and far more available

WASHINGTON –News Immediate– Wells Fargo

Rebuilding Alongside one another and Wells Fargo Be a part of to Deal with Urgent Housing Difficulties Nationwide By way of Crucial Property Renovation and Repairs

WASHINGTON, June 7, 2022 /3BL Media/ – The Wells Fargo Foundation has awarded $1.3 million in grants to Rebuilding Jointly, a major nationwide nonprofit group with a vision to assure safe houses and communities for absolutely everyone, to provide critical household repairs to virtually 100 households in 45 communities across the U.S. As part of the Wells Fargo Builds plan, neighbors in need to have will get essential property repairs at no cost, letting residents to remain safe and sound and healthier in their homes.

“Having a good quality and cost-effective spot to phone property is the foundation for wellness, dignity and financial option,” stated Eileen Fitzgerald, head of Housing Affordability Philanthropy at Wells Fargo. “Through Wells Fargo Builds and our prolonged-standing collaboration with Rebuilding With each other, we’re serving to to restore and renovate distressed qualities so folks and family members can remain securely in their residences.”

To kick-off this year’s nationwide work during Nationwide Homeownership Month, around 80 volunteers from Wells Fargo, Rebuilding Together Philadelphia, and the local community came out to restore 8 homes on the 3300 block of Kip Avenue in North Philadelphia. Rebuilding Jointly Philadelphia acquired a $50,000 grant to full critical inner and exterior household repairs and enhancements, such as set up of new flooring, smoke detectors, and seize bars, as well as building planter packing containers and painting.

“The COVID-19 pandemic has highlighted the significance of acquiring a safe and sound position to contact home,” explained Caroline Blakely, president and CEO of Rebuilding Alongside one another. “Through our collaboration with Wells Fargo, we are equipped to offer critical property repairs to all those who want it most, advancing Rebuilding Together’s mission to ensure absolutely everyone life in a secure household and community.”

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For Wells Fargo staff, the group job in Philadelphia was the initially Signature Working day of Caring function in the local industry since 2019, as big-scale volunteering was paused thanks to the COVID-19 pandemic. Although Wells Fargo Builds, workers will volunteer along with householders and contractors to finish critical property maintenance, renovation, and residence building tasks in other communities in need to have all through the year.

Because 2010, Wells Fargo has donated more than $17 million to Rebuilding With each other and its affiliate network to assist rebuilding efforts across the place, including providing necessary residence repairs, revitalizing communities, and helping veterans, more mature grownups, people today with disabilities, households with young children, and victims of catastrophe keep on being in their properties.

Rebuilding Collectively

Rebuilding Alongside one another is the major national nonprofit business fixing the residences of people today in require and revitalizing our communities. By way of its national network of affiliate marketers, Rebuilding Alongside one another operates proactively and collaboratively with community leaders, prolonged-term residents, funders, and volunteers to foster dialogue and generate safe, nutritious communities across the nation. Find out more and get associated at rebuildingtogether.org. | Twitter: @RebldgTogthr.

About Wells Fargo

Wells Fargo & Business (NYSE: WFC) is a primary economic solutions firm that has close to $1.9 trillion in belongings, proudly serves a single in three U.S. households and extra than 10% of smaller businesses in the U.S., and is a primary middle marketplace banking supplier in the U.S. We present a diversified established of banking, expenditure and mortgage products and solutions and services, as well as purchaser and professional finance, as a result of our four reportable running segments: Buyer Banking and Lending, Industrial Banking, Corporate and Financial investment Banking, and Wealth & Investment Management. Wells Fargo rated No. 37 on Fortune’s 2021 rankings of America’s greatest corporations. In the communities we serve, the enterprise focuses its social affect on constructing a sustainable, inclusive long run for all by supporting housing affordability, modest small business progress, economical well being, and a lower-carbon financial system. News, insights, and views from Wells Fargo are also out there at Wells Fargo Tales.

Extra facts might be identified at www.wellsfargo.com | Twitter: @WellsFargo.

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