The Wells Fargo Foundation on Oct. 22 announced $9 million in grants to more than 60 nonprofits across the United States in support of large-scale neighborhood revitalization and housing affordability solutions. The Wells Fargo Foundation has donated 250 such grants since 2011 to local organizations through its Priority Markets Program.
Among the recipients in Texas are two in Fort Worth: Habitat for Humanity Fort Worth and the Union Gospel Mission of Tarrant County.
Also receiving funds in Texas are:
Foundation Communities, Inc. (Austin, Texas)
Habitat for Humanity Austin (Austin, Texas)
Fifth Ward Community Redevelopment Corporation (Houston)
Neighborhood Recovery Community Development Corporation (Houston)
“The cost burden of housing is taking a toll on nearly every community and these 62 nonprofits share Wells Fargo’s focus of strengthening communities by bringing forward housing affordability solutions and local neighborhood revitalization efforts,” said Eileen Fitzgerald, head of housing affordability philanthropy with the Wells Fargo Foundation. “As a leading supporter of housing affordability solutions, we have a unique opportunity to work together with nonprofits to make an even greater impact.”
Presented to nonprofits from Alaska to Florida, the Wells Fargo Foundation grants are intended to serve as catalytic funding in support of neighborhood revitalization and are a key component of the recently announced Wells Fargo philanthropy strategy, which includes a $1 billion commitment to address the housing affordability crisis over the next six years, and an increased focus on financial health and small business growth.