Wells Fargo Contributes $5M To Nonprofit Housing Groups

Wells Fargo's Housing Foundation has announced grants totaling $5 million to nonprofit housing organizations in 34 communities.

The grants are part of the company's Leading the Way Home Priority Markets program, a nationwide effort to increase the availability of affordable housing.

The grants will go to organizations in Phoenix; Washington, D.C.; Atlanta; Des Moines, Iowa; Boise, Idaho; Kansas City and St. Louis, Mo.; Charlotte and Greensboro, N.C.; Omaha, Neb.; Camden and Newark, N.J.; Las Vegas; Cleveland; Portland, Ore.; Memphis; Tacoma, Wash.; and Milwaukee, as well as four cities in Florida (Fort Lauderdale, Miami, Palm Beach and Tampa), three cities in Texas (Dallas, El Paso and Fort Worth) and nine cities in California (East Palo Alto, Fresno, Los Angeles, Modesto, Riverside-San Bernardino, Sacramento, San Diego, San Jose and Stockton).

Grant recipients were selected in a competitive process from requests submitted by local Wells Fargo teams and their nonprofit or local government partners in markets needing special assistance with large-scale neighborhood development projects.

SOURCE: Wells Fargo


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