Home Depot Foundation Invests to Build and Improve More than 800 Housing Units

Staff Report

Wednesday, June 8th, 2022

With more than 37,000 veterans estimated to be experiencing homelessness, The Home Depot Foundation has granted an additional $8 million to nonprofit partners as part of its overall commitment of half of a billion dollars to veteran causes. Individuals who have served in the U.S. military continue to be overrepresented in the homeless adult population, based on estimates from the U.S. Department of Housing and Urban Development.

The Home Depot Foundation has been actively working to combat the crisis for the past decade. These latest grants will fund construction and renovation of more than 800 housing units, short-term residential programs, supportive services and other programs aimed at bringing an end to veteran homelessness. 

"Over the past decade, The Home Depot Foundation has invested over $110 million to ensure our nation's heroes are able to successfully transition out of homelessness through access to housing and supportive services," said Shannon Gerber, executive director of The Home Depot Foundation. "While the factors leading to the issue are complex, the mission is clear: together, we must end veteran homelessness. We're proud to partner with organizations committed to bringing this vision to life."

The Foundation has partnered with leading national nonprofit organizations to ensure our nation's heroes have access to affordable housing, including the National Coalition of Homeless Veterans, Volunteers of America, Community Solutions and Housing Assistance Council.