Six U.S. Habitat affiliates to participate in a
design and build challenge using sustainable wood products that
increase access to affordable, high-quality homes
SEATTLE, Jan. 17,
2024 /PRNewswire/ -- Weyerhaeuser Company (NYSE:
WY) today announced the Habitat for Humanity Innovation Challenge
to encourage new and creative home-building solutions using
sustainable wood products. The challenge will task six U.S.-based
Habitat affiliates with designing innovative uses of wood products
that increase equitable access to affordable homes and demonstrate
sustainability or resiliency. Each selected affiliate will receive
$15,000 from Weyerhaeuser to
implement the design idea.
Weyerhaeuser and Habitat are longtime partners with a shared
commitment to supporting communities by creating greater access to
affordable and sustainable homes. A key component of the innovation
challenge is the design and implementation of ideas in the built
environment.
"Wood is the most sustainable, versatile and cost-effective
building material in the world," said Devin W. Stockfish, president
and chief executive officer. "We're excited to work with our
partners at Habitat to support innovative design and build
solutions that leverage the natural benefits of wood products and
encourage new ways of meeting today's most pressing housing
needs."
Examples of areas where teams might choose to innovate include
offsite construction, construction methods, use of wood waste or
disaster preparedness.
"Habitat's vision of a world where everyone has a decent place
to live cannot be achieved alone," said Tolli Love, chief development officer at Habitat
for Humanity International. "We're grateful that Weyerhaeuser
shares Habitat's commitment, and we look forward to more families
living in safe and affordable homes as a result of this
partnership."
Habitat affiliates selected to participate in the challenge
include:
- Habitat for Humanity Tucson (Tucson,
Arizona)
- Habitat for Humanity of the Northern Flint Hills (Manhattan, Kansas)
- New Orleans Area Habitat for Humanity (New Orleans, Louisiana)
- Genesee County Habitat for Humanity (Flint, Michigan)
- Central Minnesota Habitat for Humanity (St. Cloud, Minnesota)
- Habitat for Humanity Sanford Area (Sanford, North Carolina)
Ensuring everyone has access to a quality, sustainably built
home is one Weyerhaeuser's 3 by 30 Sustainability Ambitions, and
the company is working with partners like Habitat for Humanity,
applying its deep industry knowledge and leveraging its supply
chain expertise to increase the overall availability of quality
housing in North America.
ABOUT WEYERHAEUSER
Weyerhaeuser Company, one of the
world's largest private owners of timberlands, began operations in
1900. We own or control approximately 11 million acres of
timberlands in the U.S. and manage additional timberlands under
long-term licenses in Canada. We
manage these timberlands on a sustainable basis in compliance with
internationally recognized forestry standards. We are also one of
the largest manufacturers of wood products in North America. Our company is a real estate
investment trust. In 2022, we generated $10.2 billion in net sales and employed
approximately 9,200 people who serve customers worldwide. Our
common stock trades on the New York Stock Exchange under the symbol
WY. Learn more at www.weyerhaeuser.com.
For more information contact:
Analysts –
Andy Taylor, 206-539-3907
Media – Nancy Thompson,
919-861-0342
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SOURCE Weyerhaeuser Company