Wells Fargo Housing Foundation Announces $6 Million in Grants

Style Magazine Newswire | 11/22/2017, 9:22 a.m.
Wells Fargo & Company announced $6 million toward neighborhood revitalization efforts with 47 grants to nonprofits through the Wells Fargo …

Wells Fargo & Company announced $6 million toward neighborhood revitalization efforts with 47 grants to nonprofits through the Wells Fargo Housing Foundation’s 2017 Priority Markets Program. The 2017 Wells Fargo Housing Foundation Priority Markets Program supports projects, programs and initiatives that help remove barriers to sustainable housing in low- and moderate-income communities. Since 2009, the program has provided grants totaling more than $48 million to nonprofits in more than 125 communities, impacting more than 40,000 people and creating more than 4,000 places for people to call home. 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.