Home Depot to Donate $50M to Train Construction Workers


The world’s largest home improvement retailer, The Home Depot, recently announced that they will be donating $50 million to train 20k+ people as construction workers over the next decade in order to ease a shortage of workers adversely affecting building industry, driving up home prices & associated costs.  The funds will flow through the Home Builders Institute to train veterans and U.S. Army soldiers who will soon be returning to civilian life, high school students and disadvantaged youth.

“It’s important that we support the trades,” Home Depot CEO Craig Menear said in an interview. “Not only do we sell product to professionals like plumbers and electricians,” but the company also partners with service providers that install kitchen flooring, hot water heaters and other equipment in consumers’ homes.

Click here to read the full story on USAToday.com.

Click here to read the Home Depot Foundation’s media release.


About Author

Director of Education & Outreach, National Real Estate Investors Association