SAN FRANCISCO--(BUSINESS WIRE)--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.
