Wells Fargo Foundation has awarded Bend-Redmond Habitat for Humanity with a $45,000 grant to build three affordable homes.
Two of these homes will be in Redmond, and one home in Bend. The funding is part of an $8.1 million donation to Habitat for Humanity International for capacity building and direct mission support to build, renovate and repair more than 350 affordable homes across the United States.
The grant is provided through Wells Fargo Builds and is part of the Wells Fargo Foundation’s $1 billion philanthropic commitment to create more housing affordability solutions by 2025.
“We’ve had a rich history of working with Bend-Redmond Habitat for Humanity to strengthen our neighborhoods through philanthropy and volunteerism,” said Cindy Johnson Wells Fargo’s Greater Oregon Region Bank President. “Safe and stable housing enables people to build upon the rest of their life and, together, we can shift the narrative to help others understand that housing affordability is both an economic and humanitarian crisis that’s taking a toll on millions of people.”
Wells Fargo Builds provides philanthropic financial assistance from the Wells Fargo Foundation to support the construction, renovation, painting or repairing of homes with low-to-moderate income households.
In 2019 alone, Wells Fargo employees volunteered more than 1.9 million hours of service to strengthen their communities, including building, repairing, and improving 674 homes across the U.S. with several organizations through Wells Fargo Builds.
“We are truly thankful for the long history with Wells Fargo and their commitment to our organization,” said Robin Cooper Engle, director of development. “Their financial support and employee labor has helped us build affordable homes for 30 families in need in Bend and Redmond over the past 12 years. That is a significant contribution that we highly value.”
The grant will support the construction of three affordable homes in Bend and Redmond. The home in Bend will benefit a single mother and her daughter at the organization’s first Net Zero cottage community for 10 families. The home will be affordable to build and affordable for the new homeowner to maintain.