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Share Name | Share Symbol | Market | Type |
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Wells Fargo and Company | NYSE:WFC | NYSE | Common Stock |
Price Change | % Change | Share Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
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0.15 | 0.25% | 59.98 | 60.258 | 59.12 | 60.09 | 17,293,091 | 22:59:53 |
Priority Markets Program awards 56 grants to nonprofits engaged in neighborhood revitalization
Wells Fargo & Company (NYSE: WFC) today announced $6 million in neighborhood revitalization donations with 56 grants to nonprofits through the Wells Fargo Housing Foundation 2016 Priority Markets Program.
“We are dedicated to creating affordable and sustainable housing through investment in neighborhood revitalization efforts,” said Martin Sundquist, executive director of the Wells Fargo Housing Foundation. “The Priority Markets Program is among several ways we work with nonprofits to make a difference and help strengthen communities.”
The 2016 Wells Fargo Housing Foundation Priority Markets Program provides grants for neighborhood stabilization projects to stimulate growth, stability and investment in distressed areas. Since 2009, the program has provided grants totaling more than $42 million for nonprofits in 125 U.S. communities.
The grant recipients of the 2016 Priority Markets Program include:
Grants for the Priority Markets Program were selected from requests submitted by Wells Fargo team members who nominated nonprofits needing assistance for large-scale neighborhood revitalization projects. Recipients must be IRS 501c3 organizations with successful histories of building or renovating housing for low- to moderate-income homebuyers.
About the Wells Fargo Housing Foundation
In 2015, the Wells Fargo Housing Foundation donated nearly $20 million in support of affordable housing initiatives serving low- and moderate-income households – including for seniors, veterans, and families – through community revitalization efforts. Since its inception in 1993, the Wells Fargo Housing Foundation has invested more than $170 million in such efforts, along with mobilizing more than 4.7 million team member volunteer hours to build and rehabilitate nearly more than 7,000 homes and counting.
About Wells Fargo
Wells Fargo & Company (NYSE: WFC) is a diversified, community-based financial services company with $1.9 trillion in assets. Founded in 1852 and headquartered in San Francisco, Wells Fargo provides banking, insurance, investments, mortgage, and consumer and commercial finance through more than 8,600 locations, 13,000 ATMs, the internet (wellsfargo.com) and mobile banking, and has offices in 42 countries and territories to support customers who conduct business in the global economy. With approximately 269,000 team members, Wells Fargo serves one in three households in the United States. Wells Fargo & Company was ranked No. 27 on Fortune’s 2016 rankings of America’s largest corporations. Wells Fargo’s vision is to satisfy our customers’ financial needs and help them succeed financially. Wells Fargo perspectives are also available at Wells Fargo Blogs and Wells Fargo Stories.
View source version on businesswire.com: http://www.businesswire.com/news/home/20161020005517/en/
Wells Fargo & CompanyStephanie Grant, 612-316-4955stephanie.grant2@wellsfargo.comorChris Hammond, 415-310-9152chris.l.hammond@wellsfargo.com
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