Tuesday, April 16, 2024

Charlotte Habitat attracts $1M each from BofA, Lowe’s and Wells Fargo

Habitat for Humanity’s Charlotte region, which is celebrating its 40th year, has received lead gifts of $1 million each from Bank of America, Lowe’s, and Wells Fargo.

It’s the first time in the 36 years that Habitat for Humanity International has sponsored the Jimmy and Rosalynn Carter Work Project to have three sponsors at the $1 million level. Charlotte is expected to receive international attention when the week-long Carter project kicks off on Oct. 1 with hundreds of volunteers expected to join future homeowners to build 23 homes in the Meadows at Plato Price neighborhood.

Habitat for Humanity workers help construct a home in this 2018 file photograph.

It’s part of a 39-home neighborhood on nine acres once occupied by Plato Price School, an all-Black school closed in 1966 during desegregation. Country music superstars Garth Brooks and Trisha Yearwood are planning to be part of the project in October.

Habitat Charlotte starting working on the $10.6 million Meadows at Plato Price site in October. Wells Fargo, Lowe’s, and Bank of America participants will devote more than 4,200 volunteer hours during the work project.

“When there is serious work to be done, these Charlotte region business leaders consistently rise to the challenge,” Habitat Charlotte Region CEO Laura Belcher said in a release. “Their commitment will inspire other donors and undeniably have a life-changing impact on our families.”

The Meadows at Plato Price project is also supported by the city of Charlotte, which donated the land, and Ally Foundation, Merancas Foundation and Myers Park United Methodist Church, each of which have donated $1 million.

As part of the 40th year celebration, Habitat Charlotte plans to raise $40 million.

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