HBI and Home Depot Set to Donate Nearly $500,000 to Youth Training

January 22nd, 2020 by Editor

The Home Builders Institute (HBI) has announced that The Home Depot Foundation (THDF) pledged up to $500,000 to fund student training in home construction careers in high schools across the country. Additionally, the National Housing Endowment (NHE), the philanthropic arm of the National Association of Home Builders (NAHB), has pledged $200,000 in support of the effort. The combined $700,000 will provide training to thousands of students for construction trades skills, said HBI officials.

The funds will go toward providing hands-on curriculum for high school students nationwide, as well as instructor training and materials. Upon completion, students will earn a pre-apprenticeship certification endorsed by NAHB and recognized by the U.S. Department of Labor. Programs will be available at no additional cost to students and their families.

Industry data shows there are an estimated 311,000 open jobs, like carpentry, electrical, plumbing and others, in residential construction, according to HBI officials.

“The home building industry faces a skilled trades gap,” said Ed Brady, HBI president and CEO. “As a result, opportunities for well-paid, rewarding careers in residential construction are tremendous.”

THDF’s $500,000 commitment is part of a $50 million partnership with HBI, launched in 2018 to train 20,000 tradespeople over 10 years.

The latest announcement was made in Las Vegas at NAHB’s 2020 International Builders’ Show.

See additional coverage of the show on [DWM]’s social media accounts.

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