Cornerstone Building Brands Helps Build Affordable Housing during COVID-19
November 12 2020 - 12:45PM
Business Wire
Cornerstone Building Brands, Inc. (NYSE: CNR), the largest
manufacturer of exterior building products in North America,
announces the extension of its Connecting Communities initiative,
which helps build affordable housing with families during the
COVID-19 pandemic.
This press release features multimedia. View
the full release here:
https://www.businesswire.com/news/home/20201112005910/en/
In addition to donating $275K in building
products through its Home for Good project, Cornerstone Building
Brands is asking the public to share its #ConnectingCommunities
video on social media and the company will donate $25 per share* to
Habitat for Humanity’s Homes, Communities, Hope + You campaign.
(Photo: Business Wire)
In addition to donating $275K in building products through its
Home for Good project, Cornerstone Building Brands is asking the
public to share its #ConnectingCommunities video on social media
and the company will donate $25 per share* to Habitat for
Humanity’s Homes, Communities, Hope + You campaign, a network-wide
fundraising initiative that will support Habitat’s work in
communities all across the United States and around the world.
“Giving back to communities where we live, work and play is core
to Cornerstone Building Brands’ purpose, and throughout the
COVID-19 pandemic, we’ve focused our efforts on continuing this
support,” said James S. Metcalf, chairman & chief executive
officer, Cornerstone Building Brands. “The Connecting Communities
campaign builds on our long-standing, purpose-driven commitment to
help address the need for affordable housing across North America –
an issue only exacerbated by the economic impact of the
pandemic.”
Even before COVID-19, more than 18 million U.S. households (one
in six) were spending 50 percent or more of their income on
housing, forgoing personal and economic stability that safe, decent
and affordable housing provides. Now, due to the pandemic, there is
an even greater burden on low-income households, given their
concentration in at-risk jobs. Twelve million households have at
least one contributing member working in an at-risk industry. It
remains clear that homeownership matters, and not having access to
this takes a toll on the health and wellness of families.
Cost-burdened households with children spend on average $190 less
on food and 70 percent less on healthcare compared to families
living in affordable homes.i
“A stable home is incredibly important for a family’s health,”
said Julie Laird Davis, vice president of corporate and cause
marketing partnerships for Habitat for Humanity International.
“When families are paying too much for their homes and have to
forego basic necessities in order to make ends meet, they are put
in the position of making difficult decisions on a daily basis.
We’re thankful Cornerstone Building Brands has partnered with us in
our efforts to build safe, affordable homeownership with more
families.”
Through its Home for Good project, Cornerstone Building Brands
has helped build more than 500 affordable homes since 2016 and aims
to provide products for 100 additional homes by June 2021.
“Everyone can help,” said Metcalf. “Visit
www.CornerstoneBuildingBrands.com/connecting-communities and share
our video on social media using the hashtag #ConnectingCommunities.
For every share, Cornerstone Building Brands will donate $25 to
Habitat for Humanity.”*
ABOUT CORNERSTONE BUILDING BRANDS
Cornerstone Building Brands is the largest manufacturer of
exterior building products for residential and low-rise
non-residential buildings in North America. Headquartered in Cary,
North Carolina, we serve residential and commercial customers
across new construction and repair and remodel markets. As the #1
manufacturer of vinyl windows, vinyl siding, insulated metal
panels, metal roofing and wall systems and metal accessories,
Cornerstone Building Brands combines an expansive portfolio of
strong brands and quality products with a broad multichannel
distribution platform that includes approximately 20,000 employees
at manufacturing, distribution and branch office locations
throughout North America. For more information, visit us at
www.cornerstonebuildingbrands.com.
_____________
i Habitat for Humanity
*Up to a maximum total donation of
$50,000
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version on businesswire.com: https://www.businesswire.com/news/home/20201112005910/en/
Kaity Lloyd G&S Business Communications Tel: 919-770-2824
klloyd@gscommunications.com
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