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Habitat for Humanity to Build and Repair 350 Homes with Wells Fargo Foundation Grant

Wells Fargo support for Habitat for Humanity International and local Habitat organizations reaches $100 million since 2010

Posted In: Corporate Social Responsibility

July 28, 2020

ATLANTA – Habitat for Humanity International and Wells Fargo & Company (NYC: WFC) today announced
an $8 million donation from the Wells Fargo Foundation that will support the construction and repairs
of safe and affordable housing built in collaboration with 350 families in nearly 50 states.

Wells Fargo Builds℠ provides philanthropic financial support from the Wells Fargo Foundation when
Wells Fargo team members help build, renovate, paint or repair a home for low-to-moderate income
households. Through Wells Fargo Builds, Habitat for Humanity affiliate volunteers will work with
homeowners to build and repair homes with low- and moderate-income families. The collaboration with
Habitat for Humanity is part of a $1 billion philanthropic commitment by Wells Fargo to create more
housing affordability solutions by 2025.

“Far too many people are struggling financially and facing housing instability that has only been
exasperated by the COVID-19 pandemic,” said Eileen Fitzgerald, head of Housing Affordability
Philanthropy with the Wells Fargo Foundation. “Wells Fargo has a deep commitment to advance housing
affordability solutions. We are proud to support Habitat for Humanity International and its
affiliates’ work with low- and moderate-income families to create more housing affordability
solutions across the U.S.”

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 grateful for Wells Fargo’s generous support over the past decade,” said Jonathan Reckford,
CEO of Habitat for Humanity International. “Their support through Wells Fargo Builds and other
initiatives is helpful now more than ever during a time when so many more families are in need of a
place to call home.”

Since 2010, Wells Fargo has donated $85 million directly to Habitat affiliates and $15 million to
support national Habitat for Humanity efforts, including new home construction, repairs,
revitalizing neighborhoods, and helping older adults remain in their homes. In addition, funding
has helped provide transitional shelters, drinking water and other services for more than 120
families in India impacted by Cyclone Amphan, will support the construction of Habitat homes with
veterans over the next year along with Habitat’s Cost of Home advocacy campaign, which aims to find
solutions and create policies at each level of government that will improve housing affordability.

About Habitat for Humanity

Driven by the vision that everyone needs a decent place to live, Habitat for Humanity began in 1976
as a grassroots effort on a community farm in southern Georgia. The Christian housing organization
has since grown to become a leading global nonprofit working in local communities across all 50
states in the U.S. and in more than 70 countries. Families and individuals in need of a hand up
partner with Habitat for Humanity to build or improve a place they can call home. Habitat
homeowners help build their own homes alongside volunteers and pay an affordable mortgage. Through
financial support, volunteering, or adding a voice to support affordable housing, everyone can help
families achieve the strength, stability, and self-reliance they need to build better lives for
themselves. Through shelter, we empower. To learn more, visit habitat.org.

About Wells Fargo

Wells Fargo & Company (NYSE: WFC) is a diversified, community-based financial services company with
$1.97 trillion in assets. Wells Fargo’s vision is to satisfy our customers’ financial needs and
help them succeed financially. Founded in 1852 and headquartered in San Francisco, Wells Fargo
provides banking, investment and mortgage products and services, as well as consumer and commercial
finance, through 7,300 locations, more than 13,000 ATMs, the internet (wellsfargo.com) and mobile
banking, and has offices in 31 countries and territories to support customers who conduct business
in the global economy. With approximately 266,000 team members, Wells Fargo serves one in three
households in the United States. Wells Fargo & Company was ranked No. 30 on Fortune’s 2020 rankings
of America’s largest corporations. News, insights and perspectives from Wells Fargo are also
available at Wells Fargo Stories.

Additional information may be found at www.wellsfargo.com | Twitter: @WellsFargo.

Contact:
Media
Stephanie Grant
Stephanie.Grant2@wellsfargo.com

Bryan Thomas
Habitat for Humanity International
newsroom@habitat.org
www.habitat.org/newsroom