Lowe's recommits to Habitat for Humanity

Lowe's has renewed its partnership with Habitat for Humanity in a five-year, $23.5 million deal that will continue the decade-long collaboration between the entities.

Additionally, Lowe's Heroes employee volunteers will continue supporting Habitat efforts via the donation of volunteer hours.

"Habitat for Humanity has created a remarkable legacy by building and strengthening communities across America and around the world," said Robert A. Niblock, Lowe's chairman, president and CEO. "We have been honored to be a part of those projects over the past 10 years and are excited about the opportunity to broaden our reach and serve more families in the coming years."

The new donation, which is its largest to date, brings Lowe's total contributions to over $63 million since 2003.

"Lowe's has been an integral part of Habitat's work to strengthen families and revitalize communities nationwide," said Jonathan Reckford, CEO of Habitat for Humanity International. "We're so grateful to Lowe's for its past support and renewed commitment, and we look forward to this exciting new chapter of our partnership."