SOURCE: The Home Depot
DESCRIPTION:
The Home Depot Foundation announced today its commitment of $375,000 to create additional housing for those experiencing and at-risk of homelessness in Baltimore in partnership with Project PLASE (People Lacking Ample Shelter and Employment) and Beacon Communities LLC. The new units will provide transitional housing and access to critical support services.
The funding will support the renovation of their Beacon House Square (BHS), repurposing and restoring the 65,000-square-foot school into 90 residential units, 56 of which will be permanent, one bed-room apartments for formerly homeless veterans and funded by The Home Depot Foundation. The restored BHS will include a new communal gathering and dining space, an expanded commercial-grade kitchen, a nurse’s station and 10 new offices for support services.
The facility is projected to open to its first residents in early 2023.
“This development will significantly increase permanent housing options for homeless veterans in Baltimore and will help to address major needs we’ve identified in our veteran-serving programs,” said Mary Slicher, executive director of Project PLASE. “We are delighted that The Home Depot Foundation has pledged their financial support to make this project possible.”
To date, The Home Depot Foundation has invested more than $375 million in veteran causes, including making critical home repairs for combat wounded veterans, providing financial assistance and helping senior veterans age independently in their own homes.
About The Home Depot Foundation
The Home Depot Foundation works to improve the homes and lives of U.S. veterans, train skilled tradespeople to fill the labor gap and support communities impacted by natural disasters. Since 2011, the Foundation has invested more than $375 million in veteran causes and improved more than 50,000 veteran homes and facilities. The Foundation has pledged to invest half of a billion dollars in veteran causes by 2025 and $50 million in training the next generation of skilled tradespeople through the Path to Pro program.
To learn more about The Home Depot Foundation visit HomeDepotFoundation.org and follow us on Twitter @HomeDepotFound and on Facebook and Instagram @HomeDepotFoundation.
KEYWORDS: Home Depot, Home Depot Foundation, NYSE: HD
