Lowe’s Foundation Grants Aim to Bolster the Skilled Trades
Despite the strong earning potential of and high market demand for skilled tradespeople, the industry continues to grapple with a scarcity of workers. As the housing market remains underbuilt, industry experts say attracting more skilled labor will be critical to the near- and long-term strength of home building.
To help close the skilled labor gap, the Lowe’s Foundation recently launched the Gable Grants program. The program is a five-year, $50 million commitment to directly support community and technical colleges and community-based nonprofit organizations in preparing the next generation of tradespeople. The program’s goal is to recruit and train at least 50,000 people for careers in the skilled trades.
Through these grant commitments, the Lowe’s Foundation will fund each grantee for two years to help them build a sustainable infrastructure of innovative training and workforce development programs. The program will also emphasize the need to support and engage with under-represented communities.
Interested applicants from community and technical colleges have until April 10, 2023, to submit applications. Later this year, the application portal will open to community organizations.
For more information and to apply for a Gable Grant, please visit lowes.com/foundation. Lowe’s is also a key partner within the NAHB Member Savings Program. To learn more about exclusive NAHB membership benefits through Lowe’s, visit lowes.com/nahb.

Latest from NAHBNow
Sep 26, 2025
Podcast: Countdown to Shutdown - Will Congress Act?On the latest episode of NAHB's podcast, Housing Developments, CEO Jim Tobin and COO Paul Lopez discuss the potential of a government shutdown, the latest economic data, and upcoming events NAHB members don't want to miss.
Sep 26, 2025
Trump Announces New Tariffs on Furniture and Kitchen CabinetsIn a move that could raise construction costs, President Trump on Sept. 25 announced he would impose a 50% tariff on imported kitchen cabinets and bathroom vanities, along with a 30% tariff on upholstered furniture, effective on Oct. 1.
Latest Economic News
Sep 26, 2025
2025 Second Quarter State-Level GDP DataReal gross domestic product (GDP) increased in 48 states in the second quarter of 2025 compared to the first quarter, according to the U.S. Bureau of Economic Analysis (BEA).
Sep 26, 2025
State/Local Property Tax Revenue Share Falls for Third Straight QuarterIn the second quarter of 2025, property tax revenue for state and local governments recorded a new high, although it decreased as a share of total tax revenue.
Sep 25, 2025
Mortgage Rates Continue Downward Trend in SeptemberAverage mortgage rates in September trended lower as the bond market priced in expectations of rate cuts by the Federal Reserve. According to Freddie Mac, the 30-year fixed-rate mortgage averaged 6.35%, 24 basis points (bps) lower than August.