PG&E Partners With Habitat For Humanity, Donates For California Housing Projects

PG&E Corporation (NYSE:PCG) is among the 13 Best Electrical Infrastructure Stocks to Invest In. Pacific Gas and Electric Company, a subsidiary of PG&E Corporation (NYSE:PCG), has announced a $500,000 charitable engagement with Habitat for Humanity California as part of a two-year effort called Connecting Hometowns. The funds will go toward 10 affordable housing and restoration projects in Northern and Central California, with the company’s staff providing assistance on-site.

The alliance was started during National Homeownership Month to solve the housing crisis in California, where just 16% of residents could afford a median-priced home, and the median home price in 2024 surpassed $800,000. PG&E Corporation (NYSE:PCG) has given five $50,000 grants to Habitat affiliates in its service areas, supporting initiatives 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 (NYSE:PCG), stressed the value of promoting neighborhood stability. Debbie Arakel, executive director of Habitat California, pointed out that this is the biggest program of its sort in the state, with direct volunteer participation and strategic funding. It is one of the Best Electrical Equipment Stocks.

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