Wells Fargo Housing Foundation Announces $6 Million in Grants
20 October 2016 - 11:35PM
Business Wire
Priority Markets Program awards 56 grants to
nonprofits engaged in neighborhood revitalization
Wells Fargo & Company (NYSE: WFC) today announced $6 million
in neighborhood revitalization donations with 56 grants to
nonprofits through the Wells Fargo Housing Foundation 2016 Priority
Markets Program.
“We are dedicated to creating affordable and sustainable housing
through investment in neighborhood revitalization efforts,” said
Martin Sundquist, executive director of the Wells Fargo Housing
Foundation. “The Priority Markets Program is among several ways we
work with nonprofits to make a difference and help strengthen
communities.”
The 2016 Wells Fargo Housing Foundation Priority Markets Program
provides grants for neighborhood stabilization projects to
stimulate growth, stability and investment in distressed areas.
Since 2009, the program has provided grants totaling more than $42
million for nonprofits in 125 U.S. communities.
The grant recipients of the 2016 Priority Markets Program
include:
- Albuquerque Habitat for Humanity
(Albuquerque, N.M.)
- Cook Inlet Housing Development
Corporation (Anchorage, Alaska)
- Asheville Area Habitat for Humanity
(Ashville, N.C.)
- Atlanta Neighborhood Development
Partnership, Inc. (Atlanta)
- CSRA Economic Opportunity Authority,
Inc. (Augusta, Ga.)
- Turn Back the Block, Inc. (Augusta,
Ga.)
- Frameworks Community Development
Corporation (Austin, Texas)
- Homebase Texas (Austin, Texas)
- Habitat for Humanity of the Chesapeake
(Baltimore)
- Jubilee Baltimore, Inc.
(Baltimore)
- Resources for Community Development
(Berkeley, Calif.)
- Boise Valley Habitat for Humanity
(Boise, Idaho)
- Neighborhood Housing Services, Inc.
(Boise, Idaho)
- Cedar Valley Habitat for Humanity
(Cedar Rapids, Iowa)
- Habitat for Humanity of Pinellas County
(Clearwater, Fla.)
- Builders of Hope CDC (Dallas)
- One Roof Community Housing (Duluth,
Minn.)
- Broward Alliance for Neighborhood
Development (Fort Lauderdale, Fla.)
- Habitat for Humanity of Broward (Fort
Lauderdale, Fla.)
- Development Corporation of Tarrant
County (Fort Worth, Texas)
- Fort Worth Area Habitat for Humanity
(Fort Worth, Texas)
- Habitat for Humanity Fresno County
(Fresno, Calif.)
- NeighborWorks Montana/Montana
Homeownership Network (Great Falls, Mo.)
- Community Housing Solutions of
Guilford, Inc. (Greensboro, N.C.)
- Houston Habitat for Humanity
(Houston)
- Neighborhood Recovery Community
Development Corporation (Houston)
- Southern Crescent Habitat for Humanity
(Jonesboro, Ga.)
- Century Villages at Cabrillo, Inc.
(Long Beach, Calif.)
- Enterprise Community Partners, Inc.
(Los Angeles)
- CommunityWorks North Dakota (Mandan,
N.D.)
- ACCESS (Medford, Ore.)
- Habitat for Humanity of Greater Memphis
(Memphis, Tenn.)
- City of Lakes Community Land Trust
(Minneapolis)
- Project for Pride in Living
(Minneapolis)
- Habitat for Humanity Newark (Newark,
N.J.)
- Unified Vailsberg Services Organization
(Newark, N.J.)
- Community Loan Fund of New Jersey (New
Brunswick, N.J.)
- Neighborhood Housing Services of New
Haven (New Haven, Conn.)
- Neighborhood Housing Services
Orange/NeighborWorks Orange County (Orange, Calif.)
- Real Estate Education and Community
Housing, Inc. (Palm Beach Gardens, Fla.)
- Foundation for Senior Living
(Phoenix)
- Portland Community Reinvestment
Initiatives, Inc. (Portland, Ore.)
- DHIC, Inc. (Raleigh, N.C.)
- Neighborhood Partnership Housing
Services (Rancho Cucamonga, Calif.)
- Southside Community Development and
Housing Corporation (Richland, Va.)
- Habitat for Humanity Tri-Cities
(Richland, Wash.)
- Habitat for Humanity of Palm Beach
County (Riviera Beach, Fla.)
- Sacramento Neighborhood Housing
Services/NeighborWorks Homeownership Center (Sacramento,
Calif.)
- Neighborhood Home Solutions (Saint
Petersburg, Fla.)
- San Diego Habitat for Humanity (San
Diego)
- Habitat for Humanity Greater San
Francisco (San Francisco)
- Rebuilding Together Silicon Valley (San
Jose, Calif.)
- Habitat for Humanity of New Mexico
(Santa Fe, N.M.)
- Market Foundation (Seattle)
- Visionary Homebuilders of California
(Stockton, Calif.)
- So Others Might Eat, Inc. (Washington,
D.C.)
Grants for the Priority Markets Program were selected from
requests submitted by Wells Fargo team members who nominated
nonprofits needing assistance for large-scale neighborhood
revitalization projects. Recipients must be IRS 501c3 organizations
with successful histories of building or renovating housing for
low- to moderate-income homebuyers.
About the Wells Fargo Housing Foundation
In 2015, the Wells Fargo Housing Foundation donated nearly $20
million in support of affordable housing initiatives serving low-
and moderate-income households – including for seniors, veterans,
and families – through community revitalization efforts. Since its
inception in 1993, the Wells Fargo Housing Foundation has invested
more than $170 million in such efforts, along with mobilizing more
than 4.7 million team member volunteer hours to build and
rehabilitate nearly more than 7,000 homes and counting.
About Wells Fargo
Wells Fargo & Company (NYSE: WFC) is a diversified,
community-based financial services company with $1.9 trillion in
assets. Founded in 1852 and headquartered in San Francisco, Wells
Fargo provides banking, insurance, investments, mortgage, and
consumer and commercial finance through more than 8,600 locations,
13,000 ATMs, the internet (wellsfargo.com) and mobile banking, and
has offices in 42 countries and territories to support customers
who conduct business in the global economy. With approximately
269,000 team members, Wells Fargo serves one in three households in
the United States. Wells Fargo & Company was ranked No. 27 on
Fortune’s 2016 rankings of America’s largest corporations. Wells
Fargo’s vision is to satisfy our customers’ financial needs and
help them succeed financially. Wells Fargo perspectives are also
available at Wells Fargo Blogs and Wells Fargo Stories.
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version on businesswire.com: http://www.businesswire.com/news/home/20161020005517/en/
Wells Fargo & CompanyStephanie Grant,
612-316-4955stephanie.grant2@wellsfargo.comorChris Hammond,
415-310-9152chris.l.hammond@wellsfargo.com
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