By Business Wirevia The Motley Fool
Filed under: Investing
Wells Fargo Commits $850,000 to Help Launch Healthy Housing Challenge: Effort to Repair 1,500 Homes with Safety, Health Threats
Grants, volunteers to help National Center for Healthy Housing, Rebuilding Together effort
SAN FRANCISCO & COLUMBIA, Md.–(BUSINESS WIRE)– National Center for Healthy Housing (NCHH), a national nonprofit dedicated to creating safe and healthy homes for children and their families, and Wells Fargo & Company (NYS: WFC) today announced the Wells Fargo Housing Foundation has committed up to $850,000 over three years to help launch the “Healthy Housing Challenge.” This new initiative seeks to bring home improvement help to seniors, veterans and low-income families currently living in homes with potential safety and health threats. Rebuilding Together, a nonprofit dedicated to creating safe and healthy housing for America’s families, will lead the home improvement work on the 1,500 homes.
The Healthy Housing Challenge takes its inspiration from a recent federal government report – Healthy Homes Strategy for Action – that estimated more than 30 million homes have potential health threats that contribute to asthma and other respiratory diseases, carbon-monoxide poisoning, lung cancer, falls and burns. The Healthy Housing Challenge seeks to awaken homeowners, health care providers, and policymakers to the many low-cost ways to make homes healthier.
“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. This initiative will help us make repairs and raise awareness about the important connection between our homes and our health.”
“We are honored to work with NCHH and Rebuilding Together in this ground-breaking challenge that will deliver needed housing repairs for seniors, veterans, and families across the U.S.,” said Mike Rizer, Wells Fargo community relations director and a board member of NCHH. “We hope others will join us in supporting the Healthy Housing Challenge and its efforts to help make safer homes.”
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 NCHH for the Healthy Housing Challenge. The $250,000 match is effective immediately and extends through September 2013. Funds raised will provide tools, training and technical assistance to launch the Challenge, which will enable …read more
Source: FULL ARTICLE at DailyFinance