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Wells Fargo Housing Foundation Announces $6 Million in Neighborhood Revitalization Grants

October 9, 2018

SAN FRANCISCO--(BUSINESS WIRE)--Oct 9, 2018--Wells Fargo & Company (NYSE: WFC) today announced $6 million in neighborhood revitalization grants to 50 nonprofits through the Wells Fargo Housing Foundation 2018 Priority Markets Program.

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The Wells Fargo Housing Foundation 2018 Priority Markets Program celebrates 50 nonprofits focused on neighborhood revitalization and sustainable housing. (Graphic: Business Wire)

“These 50 nonprofits share our focus of strengthening communities through local neighborhood revitalization efforts in support of sustainable housing,” said Martin Sundquist, executive director of the Wells Fargo Housing Foundation. “The impact of each dollar invested through this program will be magnified by enabling nonprofits to combine funding with other community grants as the catalyst for their neighborhood revitalization work, serving as a powerful example of the positive impact that can be achieved with thoughtful public-private collaboration.”

The 2018 Wells Fargo Housing Foundation Priority Markets Program supports projects, programs and initiatives focused on neighborhood revitalization and helps remove barriers to sustainable housing in low- and moderate-income communities. Since 2009, the program has donated grants totaling $54 million to nonprofits in more than 125 communities.

Grant recipients were selected from applications submitted by nonprofits Wells Fargo identified as leading large-scale affordable housing projects. Recipients must be 501(c)(3) organizations with successful histories of supporting low- to moderate-income communities.

Grant recipients of the 2018 Priority Markets Program (listed alphabetically by state):

1. Habitat for Humanity Southwest Alabama (Mobile, Ala.)

2. Catholic Social Services – Anchorage (Anchorage, Alaska)

3. Native American Connections (Phoenix)

4. Newtown Community Development Corporation (Tempe, Ariz.)

5. Habitat for Humanity Tucson (Tucson, Ariz.)

6. Silvercrest, Inc. (Fresno, Calif.)

7. Illumination Foundation (Irvine, Calif.)

8. Abode Communities (Los Angeles)

9. Neighborhood Partnership Housing Services (Rancho Cucamonga, Calif.)

10. Rebuilding Together Peninsula (Redwood City, Calif.)

11. Richmond Community Foundation (Richmond, Calif.)

12. Volunteers of America Northern California and Northern Nevada (Sacramento, Calif.)

13. Community Housing Works (San Diego)

14. Housing Trust Silicon Valley (San Jose, Calif.)

15. Visionary Home Builders of California (Stockton, Calif.)

16. Columbus House (New Haven, Conn.)

17. Neighborhood Housing Services of New Haven (New Haven, Conn.)

18. St. Johns Housing Partnership (St. Augustine, Fla.)

19. West Augustine Historical Community Redevelopment Corporation (St. Augustine, Fla.)

20. Habitat for Humanity of Seminole County and Greater Apopka (Casselberry, Fla.)

21. Little Haiti Housing Association (Miami)

22. Urban League of Greater Miami (Miami)

23. LIFT Orlando (Orlando, Fla.)

24. Quest Community Development Organization (Atlanta)

25. Coastal Empire Habitat for Humanity (Savannah, Ga.)

26. Habitat for Humanity of Greater Fort Wayne (Fort Wayne, Ind.)

27. Neighborhood Housing Services of Baltimore (Baltimore)

28. Enterprise Community Partners (Columbia, Md.)

29. Urban Edge Housing Corporation (Roxbury, Mass.)

30. Project for Pride in Living (Minneapolis)

31. Helena Area Habitat for Humanity (Helena, Mont.)

32. Homes by TLC (Lawrenceville, N.J.)

33. Greater Albuquerque Habitat for Humanity (Albuquerque, N.M.)

34. Charlotte-Mecklenburg Housing Partnership (Charlotte, N.C.)

35. Cape Fear Habitat for Humanity (Wilmington, N.C.)

36. Rebuilding Together Fargo-Moorhead Area (Fargo, N.D.)

37. YWCA Cass Clay (Fargo, N.D.)

38. Affordable Housing Solutions (Medford, Ore.)

39. REACH Community Development (Portland, Ore.)

40. Homeless No More (Columbia, S.C.)

41. Austin Habitat for Humanity (Austin, Texas)

42. Dallas Area Habitat for Humanity (Dallas)

43. Houston Redevelopment Authority (Houston)

44. Shelter Providers of Houston (Houston)

45. San Antonio Homeownership Opportunities Corporation (San Antonio)

46. Salt Lake Valley Habitat for Humanity (Salt Lake City)

47. Better Housing Coalition (Richmond, Va.)

48. ElderHomes Corporation (Richmond, Va.)

49. City First Enterprises (Washington, D.C.)

50. Milwaukee Habitat for Humanity (Milwaukee)

About the Wells Fargo Housing Foundation

In 2017, the Wells Fargo Housing Foundation donated $22.7 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 25 years ago, the Wells Fargo Housing Foundation has invested more than $212.7 million in such efforts, along with mobilizing more than 4.75 million team member volunteer hours to build and rehabilitate nearly 7,600 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. Wells Fargo’s vision is to satisfy our customers’ financial needs and help them succeed financially. Founded in 1852 and headquartered in San Francisco, Wells Fargo provides banking, investment and mortgage products and services, as well as consumer and commercial finance, through 8,050 locations, 13,000 ATMs, the internet (wellsfargo.com) and mobile banking, and has offices in 38 countries and territories to support customers who conduct business in the global economy. With approximately 265,000 team members, Wells Fargo serves one in three households in the United States. Wells Fargo & Company was ranked No. 26 on Fortune’s 2018 rankings of America’s largest corporations. News, insights and perspectives from Wells Fargo are also available at Wells Fargo Stories.

View source version on businesswire.com:https://www.businesswire.com/news/home/20181009005026/en/

CONTACT: Stephanie Grant, 760-317-6505

stephanie.grant2@wellsfargo.com

@SGrantWF

or

Chris Hammond, 415-310-9152

chris.l.hammond@wellsfargo.com

@ChrisHammondWF

KEYWORD: UNITED STATES NORTH AMERICA CALIFORNIA

INDUSTRY KEYWORD: PHILANTHROPY PROFESSIONAL SERVICES BANKING FINANCE CONSTRUCTION & PROPERTY RESIDENTIAL BUILDING & REAL ESTATE CONSUMER FAMILY FOUNDATION FUND RAISING

SOURCE: Wells Fargo & Company

Copyright Business Wire 2018.

PUB: 10/09/2018 09:00 AM/DISC: 10/09/2018 09:01 AM

http://www.businesswire.com/news/home/20181009005026/en

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