Lowe's announced a $15 million commitment to help national nonprofit partners in 2022, tackling some of the most pressing issues confronting communities today.
More than $9 million in funding and product contributions will be donated to increase access to safe, affordable housing and urgent home repairs. Over $4 million will be donated to support skilled trades education.
"Supporting communities that we call home is in our DNA, and we thank our nonprofit partners who continue to create a positive impact," said Marvin R. Ellison, Lowe's chairman and CEO. "We are committed to making homes better for all, and we are proud of our partners' efforts to build and strengthen communities by improving housing and developing skilled trades professionals across the country."
In 2021, Lowe's was AMVETS' Veteran Friendly Employer of the year and this year was recognized as a Top Military Friendly Employer. To continue honoring military members and veterans Lowe's is supporting AMVETS and USO to promote skilled trade. And for housing initiatives Lowe's is working with Building Homes for Heroes, Purple Heart Homes and Operation Finally Home.
Along with the more than $15 million contribution to national nonprofits, Lowe's announced earlier this year Lowe's Hometowns. This is a $100 million investment to complete 1,800 community impact projects around the US.
Selected projects will be revealed this summer, with work starting soon after. These projects are set to be completed by 2026.