Wells Fargo awards funds for affordable housing

Habitat for Humanity of the Eastern Bighorns has received a $15,000 grant from Wells Fargo Foundation to build an affordable home in Sheridan County.

The funds are part of an $8.1 million donation from the foundation to Habitat for Humanity International for capacity building and direct mission support to build, renovate and repair over 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.

The grant will support construction of a home in partnership with the Konkel family. Christine Dieterich, who’s executive director of Habitat for Humanity of the Eastern Bighorns, said home is needed now more than ever, yet many in the community are facing additional challenges to maintaining or securing a safe, healthy, affordable place to live.

She said partnerships such as this with Wells Fargo are critical to continuing Habitat’s affordable housing efforts.

Wells Fargo Builds provides financial assistance from the Wells Fargo Foundation to support 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 over 670 homes across the U.S.