HOUSTON, Aug. 29, 2017 /PRNewswire/ -- Lennar (NYSE: LEN
and LEN.B), one of the nation's largest homebuilders, today pledged
at least $1 million to the United Way
of Greater Houston Flood Relief Fund to help victims of Hurricane
Harvey.
The Lennar Foundation will make an immediate $1 million donation to the fund and also will
match contributions dollar-for-dollar made by its 9,000 associates
nationwide.
"Our hearts go out to people in communities across the
Houston area who have been
impacted by the severe flooding from Hurricane Harvey," said
Stuart Miller, CEO of Lennar, one of
Houston's and the nation's largest
homebuilders. "Lennar associates across the country are eager to
help and we will match their contributions dollar-for-dollar above
and beyond the initial $1 million
donation. It's our hope that this pledge will help alleviate
the stress so many are feeling and help them return to the safety
and comfort of their homes."
United Way of Greater Houston
established its Flood Relief Fund this week to help with the
recovery needs of those most impacted by Hurricane Harvey. All
monies raised by United Way's Flood Relief Fund will be used to
help with both immediate, basic needs and long-term recovery
services such as case management and home repairs.
"We are so grateful for the outstanding leadership and
generosity of the Lennar Foundation in answering our urgent call
for help for those most affected by Hurricane Harvey," said
Anna M. Babin, president and CEO of
United Way of Greater Houston. "It will take a massive
recovery effort to respond to this unprecedented disaster and the
community can count on their United Way to be there every step of
the way, thanks to the support of generous donors."
To join Lennar in giving to United Way of Greater Houston Flood
Relief Fund, visit www.unitedwayhouston.org/flood or text UWFLOOD
to 41444.
About Lennar
Lennar Corporation, founded in 1954, is
one of the nation's largest builders of quality homes for all
generations. The Company builds affordable, move-up and retirement
homes primarily under the Lennar brand
name. Lennar's Financial Services segment provides
mortgage financing, title insurance and closing services for both
buyers of the Company's homes and others. Lennar's Rialto
segment is a vertically integrated asset management platform
focused on investing throughout the commercial real estate capital
structure. Lennar's Multifamily segment is a nationwide
developer of high-quality multifamily rental properties. Previous
press releases and further information about the Company may be
obtained at the "Investor Relations" section of the Company's
website, www.lennar.com.
About Lennar Foundation
Lennar Foundation was created
in 1989 as the vehicle for Lennar to address the ongoing needs of
the communities in which we live and work. Each year, Lennar
donates one percent of after tax net profit to the Lennar
Foundation. The Lennar Foundation then contributes at least 50
percent of the funds it receives each year back to our
communities.
About United Way of Greater
Houston
For more than 95 years, United Way of Greater Houston has been a leader and trusted
partner in improving lives, tackling key community social issues
and making a lasting difference. Last year, United Way of
Greater Houston touched the lives
of nearly 2 million of our neighbors in the Bay Area and in
Fort Bend, Harris, Montgomery and Waller counties. United Way focuses on
strengthening our community by developing children and youth to
their full potential, creating strong families and safe
neighborhoods, sustaining senior independence and rebuilding
people's lives in times of crisis. United Way of Greater Houston is the best way to make the
biggest difference in our community, changing Houston for good. For more information,
please visit, http://www.unitedwayhouston.org.
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SOURCE Lennar Corporation