Wells Fargo

NCRC Supports Pandemic-Related Housing Needs in 15 States, Funded by Wells Fargo Foundation

Press Release

August 5, 2020 /3BL Media/ - Nonprofit housing counseling organizations responding to the COVID-19 pandemic in 15 states will receive unrestricted grants and resources from the National Community Reinvestment Coalition (NCRC), thanks to funding from the Wells Fargo Foundation.

The grants will provide financial support for technology and other expenses to members of NCRC’s Housing Counseling Network in Puerto Rico, Texas, Florida, New Mexico, Tennessee, New Jersey, Ohio, Maryland, Arizona, Connecticut, Michigan, Indiana, California, Wisconsin, Iowa and the District of Columbia.

Wells Fargo Foundation Grants $1.5 Million to Funders for Housing and Opportunity

Resources support collaborative efforts to assist renters and homeless people disproportionately affected by COVID-19
Press Release

SAN FRANCISCO, July 31, 2020 /3BL Media/ – Wells Fargo & Company (NYSE: WFC) today announced a $1.5 million contribution by the Wells Fargo Foundation in support of the Funders for Housing and Opportunity (FHO) collaborative focused on advancing housing affordability solutions and relief for renter households and homeless people disproportionately affected by the economic downturn as a result of COVID-19.

Habitat for Humanity to Build and Repair 350 Homes With Wells Fargo Foundation Grant

Wells Fargo support for Habitat for Humanity International and local Habitat organizations reaches $100 million since 2010
Press Release

ATLANTA, July 28, 2020 /3BL Media/ – Habitat for Humanity International and Wells Fargo & Company (NYC: WFC) today announced an $8 million donation from the Wells Fargo Foundation that will support the construction and repairs of safe and affordable housing built in collaboration with 350 families in nearly 50 states.

Wells Fargo Pledges up to $20 Million to Support New York Economic Recovery Efforts

The New York Forward Loan Fund delivers loans to small businesses, nonprofits, and small landlords affected by the COVID-19 pandemic
Press Release

NEW YORK, July 24, 2020 /3BL Media/ - Wells Fargo & Company (NYSE: WFC) announced today that it pledged up to $20 million to support the New York Forward Loan Fund (NYFLF), an economic revitalization program across New York State.

Wells Fargo Awards $13.5M Grant to the Expanding Black Business Credit Initiative

The grant will support the launch of the Black Vision Fund to capitalize seven CDFIs and will provide $3M in immediate economic relief funding
Press Release

WASHINGTON, July 13, 2020 /3BL Media/ – Wells Fargo awarded a $13.5M grant to the Expanding Black Business Credit (EBBC) initiative, a consortium that addresses the critical lending and wealth gaps faced by Black entrepreneurs and families in the U.S. The transformative donation will provide $10M in seed funding for a $78M Black Vision Fund.

Wells Fargo Launches $400 Million Small Business Recovery Effort

The company donates all processing fees from Paycheck Protection Program to nonprofits helping entrepreneurs, minority-owned businesses
Press Release

SAN FRANCISCO, July 9, 2020 /3BL Media/ – Following an April 2020 industry-leading commitment to donate all gross processing fees from the Paycheck Protection Program, Wells Fargo unveiled today the details of an approximately $400 million effort to help small businesses impacted by the ongoing COVID-19 pandemic keep their doors open, retain employees, and rebuild.

Rebuilding Together, Wells Fargo Launch Efforts to Rebuild Homes

Wells Fargo funding for Rebuilding Together to provide critical reports to neighbors
Press Release

WASHINGTON, June 18, 2020 /3BL Media/ Rebuilding Together, a leading national non-profit organization that provides critical home repairs to individuals in need at no cost to them and revitalizes communities throughout the country, announced today a national collaboration with Wells Fargo. Through grants provided by Wells Fargo, Rebuilding Together affiliates will repair homes for people in need throughout the country.

Wells Fargo Foundation Expands Free Virtual Financial Coaching to Help With COVID-19 Hardships

Grants support nonprofits offering financial recovery resources for people of color, people with disabilities, and other vulnerable populations hit hardest by the pandemic
Press Release

SAN FRANCISCO, June 11, 2020 /3BL Media/ - With record numbers of U.S.

LGBT Community Still Faces Hurdles to Homeownership

Industry professionals and several reports suggest LGBT individuals have lower homeownership rates than non-LGBT adults and concerns of discrimination
Article

The American dream of owning a home, for many in the LGBT community, still appears to be just that — a dream.

With Pride Month underway in June, housing industry professionals and several research reports suggest that LGBT individuals have lower homeownership rates than non-LGBT adults, still experience discrimination in home-buying, including documented instances of lower mortgage approvals and higher interest rates than the non-LGBT population.

USA Homeownership Foundation Receives $100,000 Grant From Wells Fargo Foundation to Assist Military and Veteran Families With Rental and Mortgage Counseling and Education Due to COVID-19 Crisis

Press Release

CORONA, Calif., May 21, 2020 /3BL Media/ – USA Homeownership Foundation, Inc. DBA Veterans Association of Real Estate Professionals (VAREP) today announced a $100,000 grant from the Wells Fargo Foundation which will enable the nonprofit HUD Approved Housing Counseling agency to continue to provide financial education workshops, foreclosure prevention and rental counseling to the military and veteran communities across nationwide during the Covid-19 crisis.

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