Conservatives in North Carolina have found an ally in a wealthy entrepreneur with a penchant for investing in real estate.
Pultegroups founder and CEO, Pultegreen Pultechen, has pledged to buy at least 100 homes in the state.
PulteGroups, which describes itself as “the most sophisticated and trusted conservative real estate development company in the world,” announced Thursday it would donate $1 million to the North Carolina Housing Development Board to buy up to 100 homes at a cost of about $300,000 each, according to a release.
The company has invested in homes in a number of states, including Florida, California and Illinois.
Penthouse, which is also backed by Republican mega-donor Tom Steyer, also has pledged a $100 million donation to the board.
It also announced a $1 billion commitment from Steyer and others to build affordable housing in the Carolinas.
“We want to do this to help people of color and our most vulnerable,” Pultewine Pultecahen said in the release.
“The wealth of the middle class is changing so quickly, and our ability to build a more equal economy requires more than just money.
It requires a commitment to building a home for everyone.”
The group, which was founded in 2016, has been a supporter of Trump in the past, with a $10 million donation in 2015 that helped propel him to the White House.
In December, Preetel Preetechen donated $10,000 to a Trump Victory account to help finance the purchase of the Charlotte, North Carolina, home of former Trump adviser Corey Lewandowski.
That home has been sold and is currently being rented for $1,300 per month, Pritechen told the Charlotte Observer.
Preetecheen has been critical of Trump, and his wife, Heidi, has previously donated $2 million to political causes including Planned Parenthood and Planned Parenthood Action Fund.