The Home Depot Foundation is investing $9 million to provide housing solutions for more than 3,400 veterans battling homelessness.
The Home Depot Foundation is investing to bring stability and comfort to veterans across the nation.
The non-profit arm of The Home Depot is investing $9 million to provide housing solutions for more than 3,400 veterans battling homelessness. The funding will support the construction of more than 300 new housing units and the repair of nearly 200 additional units, bringing much-needed stability and comfort to veterans across the nation.
Over the past decade, the number of homeless veterans has decreased by 55%, according to the U.S. Department of Housing and Urban Development. However, last year, that number began to rise again, with an average of 35,000 veterans experiencing homelessness on any given night.
The Home Depot Foundation’s grants will play a pivotal role in countering this challenge by creating new housing units through collaborations with national nonprofit partners including Volunteers of America, Housing Assistance Council and Tunnel to Towers, as well as local nonprofits in Georgia, Ohio and Massachusetts.
“We are deeply committed to ensuring that our nation’s heroes have a safe and comfortable place to call home,” said Erin Izen, executive director of The Home Depot Foundation. “Our investment is not just about building structures; it’s about building hope and providing the security that every veteran deserves.”
