Monday, February 01, 2021
SAN FRANCISCO and WASHINGTON, D.C. – The U.S. Conference of Mayors and Wells Fargo today announced 2020 CommunityWINS™ grants to eight nonprofits to advance housing affordability solutions in local communities.
The grants totaling $1 million recognize outstanding mayoral-nominated initiatives that assist their city in reducing the cost burden of housing and increase access to safe, affordable places to live. Each nonprofit will receive funding aimed at assisting cities with the opportunity to invest, strengthen, and address housing affordability issues in municipalities across the United States.
“The 2020 CommunityWINS Grant Program is an opportunity to honor and showcase impactful affordable housing efforts that are making a real difference in communities across the country,” said Tom Cochran, CEO and executive director of the U.S. Conference of Mayors. “We appreciate Wells Fargo and the Wells Fargo Foundation for their support of the CommunityWINS program, which also celebrates the leadership of mayors and city governments.”
An independent panel of judges selected recipients of the grants funded by the Wells Fargo Foundation from 139 applicants representing small, medium, large, and metropolitan cities as part of the competitive application process. The grants were presented virtually at the Conference’s 89th annual meeting.
“Even prior to the economic fallout caused by COVID‑19, many vulnerable households were struggling with housing solutions,” said Nate Hurst, president of the Wells Fargo Foundation. “To foster a truly inclusive recovery, we have to recognize that the challenge of housing is even more profound in communities of color and be intentional about prioritizing the needs of underserved communities. CommunityWINS is an important example of the public and private sectors working together to help more people have a safe, affordable place to call home.”
The 2020 CommunityWINS Grant Program honorees are:
Additional 2020 CommunityWINS Grant Program Outstanding Achievement awards honorees include:
The CommunityWINS Grant Program is administered by the U.S. Conference of Mayors and funded by the Wells Fargo Foundation. The CommunityWINS recipients will be showcased in an upcoming webinar hosted by the U.S. Conference of Mayors.
Wells Fargo has invested more than $6 million in the CommunityWINS Grant Program since 2016 and recently announced an evolution of the company’s philanthropic strategy that includes a $1 billion commitment to address the housing affordability crisis, and an increased focus on financial health and small business growth.
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 country today, and each city is represented in the Conference by its chief elected official, the mayor. More information can be found at facebook.com/usmayors or twitter.com/usmayors.
About Wells Fargo
Wells Fargo & Company is a leading financial services company that has approximately $1.9 trillion in assets and proudly serves one in three U.S. households and more than 10% of all middle market companies in the U.S. We provide a diversified set of banking, investment and mortgage products and services, as well as consumer and commercial finance, through our four reportable operating segments: Consumer Banking and Lending; Commercial Banking; Corporate and Investment Banking; and Wealth and Investment Management. Wells Fargo ranked No. 30 on Fortune’s 2020 rankings of America’s largest corporations. In the communities we serve, the company focuses its social impact on building a sustainable, inclusive future for all by supporting housing affordability, small business growth, financial health and a low-carbon economy. News, insights and perspectives from Wells Fargo are also available at Wells Fargo Stories.
Additional information may be found at www.wellsfargo.com | Twitter: @WellsFargo.
Contact Information
Chris Hammond, 415-310-9152
[email protected]
or
Breely Ungar, 202-924-6686
[email protected]
News Release Category: WF-PESG
Multimedia Files:
Homes in a row along a street being built with Wells Fargo and U.S. Conference of Mayors logos in the right corner.