Home / Business and Economy / PG&E Pledges $500K to Habitat for Humanity for Affordable Housing in California
PG&E Pledges $500K to Habitat for Humanity for Affordable Housing in California
28 Jul
Summary
- PG&E commits $500K to Habitat for Humanity for 10 affordable housing projects
- Funds will support initiatives in Firebaugh, Grass Valley, San Jose, San Francisco, and Sebastopol
- Program aims to create affordable housing, improve family health, and promote generational wealth
PG&E Corporation, a leading utility company, has recently announced a $500,000 charitable partnership with Habitat for Humanity California. The two-year initiative, called Connecting Hometowns, will fund 10 affordable housing and restoration projects in Northern and Central California.
The funds will be distributed as five $50,000 grants to Habitat affiliates in Firebaugh, Grass Valley, San Jose, San Francisco, and Sebastopol. The program aims to create more affordable housing, improve family health outcomes, and promote generational wealth by combining financial investment with community service.
Carla Peterman, executive vice president of PG&E Corporation, emphasized the importance of fostering neighborhood stability. Debbie Arakel, executive director of Habitat California, noted that this is the largest program of its kind in the state, featuring direct volunteer participation and strategic funding. The partnership was launched during National Homeownership Month to address California's housing crisis, where just 16% of residents could afford a median-priced home, and the median home price surpassed $800,000 in 2024.
