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The Home Depot Foundation invests an additional $30 million to help thousands of veterans access, stay in homes
Prnewswireยท 2025-11-06 13:00
Core Points - The Home Depot Foundation has invested over $30 million in new grants to assist veterans in securing safe and accessible housing, moving closer to its goal of investing $750 million in veteran causes by 2030 [1][14] - The number of veterans experiencing homelessness has decreased by more than 55% since 2010, yet nearly 33,000 veterans still lack safe housing, and over 2.75 million live in inadequate conditions [2][3] - The Foundation's investment will support various initiatives, including building smart homes for catastrophically wounded veterans and providing critical home repairs for senior and low-income veterans [4][6] Investment and Grants - The new funding includes grants to organizations like the Gary Sinise Foundation and Tunnel to Towers Foundation for constructing accessible homes and making ADA-compliant modifications for veterans with combat-related injuries [5][10] - Approximately half of all veterans are aged 65 and older, many of whom require home repairs to ensure their living conditions are safe and comfortable [6][7] - The Foundation collaborates with nonprofit partners to provide housing solutions and essential services for nearly 5,000 veterans at risk of homelessness [8][9] Community Impact - The Home Depot Foundation's annual Celebration of Service campaign honors veterans through community projects, having invested over $600 million in veteran causes and improved more than 65,000 veteran homes and facilities [12][14] - The Foundation's commitment to veterans is reflected in its workforce, with many associates being veterans or military spouses, emphasizing the personal connection to these initiatives [13][14]