/C O R R E C T I O N -- Lowe's Foundation/
Lowe's Foundation (NYSE:LOW) has expanded its commitment to addressing America's skilled trades labor shortage with an additional investment, bringing total funding to $43 million across 28 states. The foundation announced 12 new Gable Grants recipients, expanding its nationwide network to 60 community and technical colleges.
This initiative is part of a five-year, $50 million commitment aimed at preparing 50,000 trades professionals in various fields including carpentry, construction, HVAC, electrical, plumbing, and property maintenance. The program addresses a critical workforce gap that causes a $10 billion annual economic loss in the housing industry, according to the National Association of Homebuilders.
Notable recipients include institutions focusing on disaster recovery, infrastructure projects, and specialized programs for underserved communities, with several schools receiving second-round funding to expand existing successful programs.
La Lowe's Foundation (NYSE:LOW) ha ampliato il suo impegno per affrontare la carenza di manodopera specializzata negli Stati Uniti con un investimento aggiuntivo, portando il finanziamento totale a 43 milioni di dollari in 28 stati. La fondazione ha annunciato 12 nuovi beneficiari delle Gable Grants, estendendo la sua rete nazionale a 60 college comunitari e tecnici.
Questa iniziativa fa parte di un impegno quinquennale da 50 milioni di dollari volto a formare 50.000 professionisti nei mestieri specializzati, tra cui carpenteria, costruzioni, HVAC, elettricità, idraulica e manutenzione immobiliare. Il programma mira a colmare un gap critico nel mercato del lavoro che, secondo la National Association of Homebuilders, provoca una perdita economica annuale di 10 miliardi di dollari nel settore abitativo.
I destinatari più rilevanti includono istituzioni che si concentrano sul recupero post-disastro, progetti infrastrutturali e programmi specializzati per comunità svantaggiate, con diverse scuole che ricevono finanziamenti per la seconda volta per ampliare programmi già di successo.
La Fundación Lowe's (NYSE:LOW) ha ampliado su compromiso para abordar la escasez de mano de obra calificada en Estados Unidos con una inversión adicional, elevando la financiación total a 43 millones de dólares en 28 estados. La fundación anunció 12 nuevos beneficiarios de las Gable Grants, ampliando su red nacional a 60 colegios comunitarios y técnicos.
Esta iniciativa forma parte de un compromiso de cinco años por 50 millones de dólares destinado a preparar a 50,000 profesionales en oficios especializados como carpintería, construcción, HVAC, electricidad, plomería y mantenimiento de propiedades. El programa aborda una brecha crítica en la fuerza laboral que, según la National Association of Homebuilders, genera una pérdida económica anual de 10 mil millones de dólares en la industria de la vivienda.
Los beneficiarios destacados incluyen instituciones enfocadas en la recuperación tras desastres, proyectos de infraestructura y programas especializados para comunidades desfavorecidas, con varias escuelas recibiendo fondos por segunda vez para ampliar programas exitosos existentes.
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� 이니셔티브는 목수, 건설, HVAC, 전기, 배관, 부동산 유지보수 � 다양� 분야에서 50,000명의 숙련 기술자를 양성하기 위한 5년간 5,000� 달러 약속� 일환입니�. � 프로그램은 National Association of Homebuilders� 따르� 주택 산업에서 연간 100� 달러� 경제� 손실� 초래하는 중요� 인력 부� 문제� 해결합니�.
주요 수혜 기관으로� 재해 복구, 인프� 프로젝트 � 소외� 지역사회를 위한 전문 프로그램� 중점� � 기관들이 포함되며, 여러 학교� 기존 성공적인 프로그램� 확장하기 위해 2� 자금 지원을 받았습니�.
La Fondation Lowe's (NYSE:LOW) a renforcé son engagement à lutter contre la pénurie de main-d'œuvre qualifiée dans les métiers aux États-Unis grâce à un investissement supplémentaire, portant le financement total à 43 millions de dollars dans 28 États. La fondation a annoncé 12 nouveaux bénéficiaires des Gable Grants, étendant son réseau national à 60 collèges communautaires et techniques.
Cette initiative s'inscrit dans le cadre d'un engagement de cinq ans de 50 millions de dollars visant à former 50 000 professionnels des métiers dans divers domaines tels que la menuiserie, la construction, la climatisation, l'électricité, la plomberie et l'entretien immobilier. Le programme répond à une pénurie critique de main-d'œuvre qui engendre, selon la National Association of Homebuilders, une perte économique annuelle de 10 milliards de dollars dans le secteur du logement.
Parmi les bénéficiaires notables figurent des institutions axées sur la reconstruction après sinistre, les projets d'infrastructure et des programmes spécialisés pour les communautés défavorisées, plusieurs écoles recevant un financement de deuxième cycle pour étendre des programmes déjà couronnés de succès.
Die Lowe's Foundation (NYSE:LOW) hat ihr Engagement zur Bekämpfung des Fachkräftemangels im Handwerk in den USA mit einer zusätzlichen Investition ausgeweitet, wodurch die Gesamtförderung auf 43 Millionen US-Dollar in 28 Bundesstaaten steigt. Die Stiftung gab 12 neue Empfänger der Gable Grants bekannt und erweitert damit ihr landesweites Netzwerk auf 60 Community- und technische Colleges.
Diese Initiative ist Teil eines fünfjährigen Engagements in Höhe von 50 Millionen US-Dollar, das darauf abzielt, 50.000 Fachkräfte in verschiedenen Gewerken wie Tischlerei, Bauwesen, HVAC, Elektrotechnik, Sanitär und Gebäudemanagement auszubilden. Das Programm adressiert eine kritische Lücke im Arbeitsmarkt, die laut der National Association of Homebuilders einen jährlichen wirtschaftlichen Verlust von 10 Milliarden US-Dollar in der Wohnungsbaubranche verursacht.
Zu den bemerkenswerten Empfängern gehören Institutionen, die sich auf Katastrophenhilfe, Infrastrukturprojekte und spezialisierte Programme für benachteiligte Gemeinden konzentrieren. Mehrere Schulen erhalten eine zweite Finanzierungsrunde, um bestehende erfolgreiche Programme auszubauen.
- Total investment increased to $43 million across 28 states, approaching the $50 million commitment target
- Program expansion to 60 community and technical colleges, adding 12 new institutions
- Addressing $10 billion annual economic loss in housing industry due to labor shortage
- High success rates reported (e.g., Texas State Technical College's 87% job placement rate)
- Strategic focus on post-disaster recovery and major infrastructure projects
- Significant skilled labor gap still exists in the housing industry
- Program limited to invited institutions only for next grant cycle
In the news release, Lowe's Foundation Investment in Solving Skilled Trades Labor Shortage Grows to
Lowe's Foundation Investment in Solving Skilled Trades Labor Shortage Grows to $43 Million
Third cohort of community and technical colleges grant recipients will launch and expand new training programs for thousands of aspiring tradespeople
Through expanded training, grants to this cohort will help build the next generation of skilled tradespeople at a time when the industry needs it the most. According to the National Association of Homebuilders, the skilled labor gap drives a
"Collectively, we are writing a comeback story for the skilled trades industry," said Janice Dupré, Lowe's executive vice president of human resources and chair of the Lowe's Foundation. "Through our Gable Grants network, these schools join a community of innovators helping one another effectively recruit, train and employ the people America needs to revitalize our infrastructure."
Since launching the Gable Grants program in 2023, the foundation has invested
The new Lowe's Foundation Gable Grants support the following community and technical colleges:
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The next Gable Grant application cycle for community-based nonprofits opens from Aug. 1 to Aug. 31 and is by invitation only. To learn more about eligibility guidelines and skilled trades career benefits, visit
About The Lowe's Foundation
The Lowe's Foundation, an independent 501(c)(3) organization founded by Lowe's Companies, Inc. (NYSE: LOW), is helping develop a community of skilled tradespeople to build and revitalize our homes, neighborhoods and infrastructure for the future. From 2023 through 2028, the Lowe's Foundation is investing
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Sebastian Hale
Lowe's Foundation
[email protected]
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