POMPANO BEACH, Fla. (July 22, 2021) – Habitat Broward is one of more than 220 Habitat organizations awarded a grant from Wells Fargo as part of its nationwide initiative to help families unable to obtain conventional financing to become first-time homeowners.
“Wells Fargo understands the economic empowerment that comes with homeownership and is acting on this belief across the nation,” said Nancy Robin, Habitat Broward CEO and Executive Director. “Families like the Moreaus would not achieve the dream of homeownership without great corporate citizens like Wells Fargo and we can’t thank them enough.”
Wells Fargo’s $15,000 grant to Habitat Broward will help provide the Moreaus, a hard-working family of seven, with a home of their own in A Rick Case Habitat Community in Pompano Beach.
Claude and Osseline Moreau have struggled to find an affordable apartment in Broward County that is spacious enough for their large family. As their children grow, the need for more living space and private space has grown as well. When Habitat Broward’s homeownership program opened the application process, they knew they had to apply. Their hope has always been to provide a safe and healthy environment for their children.
The grant is part of a $7.75 million donation Wells Fargo is making to Habitat for Humanity International through Wells Fargo Builds, an initiative that provides philanthropic financial support and volunteerism to create sustainable affordable housing. More than 340 homes will be constructed or repaired with Habitat in over 40 states through the initiative this year. Wells Fargo Builds is part of Wells Fargo’s $1 billion philanthropic commitment to create more housing affordability solutions by 2025.