Lowe’s Foundation Grants Aim to Bolster the Skilled Trades

Workforce Development
Published
Contact: Amanda Scharff
[email protected]
Director, Business Development, Member Savings Program
(202) 266-8430

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.

Lowe's logo

Subscribe to NAHBNow

Log in or create account to subscribe to notifications of new posts.

Log in to subscribe

Latest from NAHBNow

Economics

Sep 05, 2025

Mortgage Rates Hit 10-Month Low in August

Average mortgage rates in August continued their steady decline and are now at their lowest rate since last November. But rates are still higher year over year.

Economics | Land Development

Sep 04, 2025

Home Building Lot Shortage Continues

Although lot shortages are not quite as widespread as they were in 2021, obtaining lots remains a challenge for many home builders, according to recent results from the NAHB/Wells Fargo Housing Market Index (HMI) survey.

View all

Latest Economic News

Economics

Sep 05, 2025

Job Growth Slowed in August

Job growth slowed sharply in August, and the unemployment rate rose to its highest level in nearly four years.

Economics

Sep 04, 2025

Lots Still in Relatively Short Supply

Although shortages are not quite as widespread as they were in 2021, obtaining lots remains a challenge for many builders, according to recent results from the NAHB/Wells Fargo Housing Market Index (HMI) survey.

Economics

Sep 04, 2025

HVAC in New Construction in 2024

Almost all of new single-family homes started in 2024 used either an air/ground source heat pump or a forced air system for the primary heating equipment (97%), according to the Census’s Survey of Construction. Additionally, 20% percent of homes also used a secondary type of heating equipment.