Lowe's investing $10M to improve 100 American communities

A North Carolina-based home improvement chain wants to improve communities amid a trying time for many Americans.

Lowe's, the retail chain is celebrating its centennial, and is promising to spend $10 million on 100 neighborhood projects.

"It might be a community center that needs revitalization, a garden, a block, something that has maybe fallen into disrepair, something that has been subject to the many natural disasters we know," says Lowe's executive vice president Marisa Thalberg.

Thalberg says the projects come at a time when Americans need a sense of community.

"2020 and now into 2021 has certainly been a reckoning, of the importance of home and we've recognized it in ways that I think are more profound than ever before," she says.

The projects will start later this year.