November 10, 2023
(press release)
–
Funding aims to impact an estimated 50,000 veterans, primarily focused on affordable housing issues
"The Home Depot and The Home Depot Foundation have a long history of living our values by giving back to the heroes who have selflessly served our nation," said Ted Decker, chair, president and chief executive officer of The Home Depot. "We achieved our goal of investing half of a billion dollars in veteran causes two years earlier than expected because of the tireless efforts of our nonprofit partners and our associates who give back year-round through Team Depot. Our mission is not complete while there are still veterans who lack an affordable and reliable place to call home – that's why we're growing our commitment to
According to the Housing Assistance Council, nearly a quarter of all veteran-owned homes (approximately 1.76 million homes) are more than 60 years old, and 1.6 million veteran households report difficulty entering their home or accessing the kitchen, bedroom or bathroom. In addition to facing inadequate housing, more than 33,000 veterans are experiencing homelessness, according to the Department of Housing and Urban Development. Funding from the Foundation to its network of national and local nonprofit partners will focus on tackling these issues by reducing the cost of housing for veterans, helping them access housing and ensuring they are able to age in place in their own homes. As part of this investment milestone, the Foundation is also awarding more than
Through its annual Operation Surprise campaign, which runs through Nov. 20, the Foundation and Team Depot are bringing service and moments of surprise to our nation's veterans by: The Home Depot is proud to have tens of thousands of veterans, service members and military spouses in orange aprons. To learn more about The Home Depot's commitment to the veteran and military communities, visit homedepot.com/military. Follow #OperationSurprise to see how the Foundation and Team Depot are bringing it home for veterans across the country. About The Home Depot Foundation The Home Depot Foundation, the nonprofit arm of The Home Depot (NYSE: HD), works to improve the homes and lives of
View original content to download multimedia:https://www.prnewswire.com/news-releases/the-home-depot-foundation-surpasses-500-million-invested-in-veteran-causes-commits-750-million-by-2030-301984042.html SOURCE The Home Depot Foundation
* All content is copyrighted by Industry Intelligence, or the original respective author or source. You may not recirculate, redistrubte or publish the analysis and presentation included in the service without Industry Intelligence's prior written consent. Please review our terms of use.