Habitat Broward & Wells Fargo Team up to Build Affordable Housing

Habitat Broward and Wells Fargo Team up to Build Affordable Housing in Miramar and Pompano Beach
Contributor: Trena Brae

The Wells Fargo Foundation has awarded Habitat Broward a $45,000 grant to help build affordable homes, one in Miramar and two in Pompano Beach.

The funding is part of a $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 Habitat Broward to strengthen our neighborhoods through philanthropy and volunteerism,” said Komi Agbodji, Wells Fargo Southeast Florida District Manager. “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.”

The Wells Fargo Foundation-supported Miramar house is already underway and will become a home for a family of three, headed by a working mother currently an essential worker on the frontline of the COVID pandemic in the field of nursing.

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.

“Wells Fargo has again demonstrated its commitment to strengthening the communities it shares,” said Nancy Robin, Habitat Broward CEO & Executive Director. “Wells Fargo continues to provide the rock-solid support Habitat Broward needs to transform countless lives through the economic empowerment of homeownership.”

The grant will also support the construction of two homes in The Rick Case Habitat Community located in Pompano Beach. When complete The Rick Case Habitat Community will be the largest affordable housing development of single-family homes in Broward’s history, providing 74 homes for hard-working low, income families.