U.S. Conference of Mayors, Wells Fargo Address Community Housing Needs
June 12 2020 - 9:05AM
Business Wire
2020 CommunityWINS® program offers $1 million in grants for
nonprofits to support access to safe, affordable housing
The U.S. Conference of Mayors and Wells Fargo today announced
that eight nonprofits will share $1 million in grants through the
2020 CommunityWINS® grant program to create opportunities for
people in communities across the U.S. to have a safe and affordable
place to call home.
“This Wells Fargo grant program is a great example of an
effective collaboration that will bring real solutions to help
address local housing challenges,” said Tom Cochran, CEO and
executive director of the U.S. Conference of Mayors. “Wells Fargo
and our members share a deep-rooted commitment to communities
across the country and we are thrilled that CommunityWINS will help
to spur housing solutions in many cities.”
The U.S. Conference of Mayors and Wells Fargo have teamed on
CommunityWINS since 2015, including $6 million invested by Wells
Fargo over six years for nonprofits in municipalities across the
U.S. Wells Fargo’s philanthropic strategy focuses on creating
solutions to address housing security, small business stability,
and consumer financial health and includes a $1 billion
philanthropic commitment by 2025 to address the growing housing
affordability crisis.
“As the effects of COVID-19 are disproportionately impacting
people of color and low-income communities, the U.S. Conference of
Mayors and Wells Fargo continue to support nonprofits’ efforts to
create more affordable housing solutions in local municipalities,”
said Eileen Fitzgerald, head of housing affordability philanthropy
with the Wells Fargo Foundation. “Wells Fargo is committed to the
importance of home for everyone in our nation.”
Mayors representing USCM member cities can nominate up to three
eligible nonprofit housing initiatives. Projects must address
housing affordability solutions designed to increase availability
and affordability of rentals, transitional housing, or sustainable
homeownership. Grant requirements and the online application form
are now available for submission at www.usmayors.org/communitywins.
Nonprofits must submit applications by October 9, 2020. Grantees
will be named during the Mayor’s 89th Winter Meeting in Washington,
DC.
In 2019, CommunityWINS grants were presented to eight
nonprofits: CNM Film Production Center of Excellence at the
Albuquerque Rail Yards (Albuquerque, New Mexico); Wellspring
Living, Inc. (Atlanta); Continuum of Care, Inc. (New Haven,
Connecticut); Lewis Innovation Hub (Romeoville, Illinois);
Affordable Central Texas, Inc. (Austin, Texas); Appetite For
Change, Inc. (Minneapolis); Ecolibrium3 (Duluth, Minnesota); and
Second Street Youth Center, Inc. (Plainfield, New Jersey).
The CommunityWINS grant program collaboration between the U.S.
Conference of Mayors and Wells Fargo follows a national alliance
formed in 2011 to address foreclosure prevention, property
disposition, homeownership promotion, and community
development.
About the U.S. Conference of Mayors
The U.S. Conference of Mayors is the official nonpartisan
organization of cities with populations of 30,000 or more. There
are more than 1,400 such cities in the U.S. today, and each city is
represented in the conference by its chief elected official, the
mayor. The organization is on Facebook at
https://www.facebook.com/usmayors and on Twitter at
https://twitter.com/usmayors.
About Wells Fargo
Wells Fargo & Company (NYSE: WFC) is a diversified,
community-based financial services company with $1.98 trillion in
assets. Wells Fargo’s vision is to satisfy our customers’ financial
needs and help them succeed financially. Founded in 1852 and
headquartered in San Francisco, Wells Fargo provides banking,
investment and mortgage products and services, as well as consumer
and commercial finance, through 7,400 locations, more than 13,000
ATMs, the internet (wellsfargo.com) and mobile banking, and has
offices in 31 countries and territories to support customers who
conduct business in the global economy. With approximately 263,000
team members, Wells Fargo serves one in three households in the
United States. Wells Fargo & Company was ranked No. 30 on
Fortune’s 2020 rankings of America’s largest corporations. News,
insights and perspectives from Wells Fargo are also available at
Wells Fargo Stories.
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version on businesswire.com: https://www.businesswire.com/news/home/20200612005067/en/
Chris Hammond, 415-310-9152 Chris.L.Hammond@wellsfargo.com
@ChrisHammondWF
or
Sara Durr, 202-215-1811 sdurr@usmayors.org
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