Minneapolis, MN (PRWEB) September 21, 2011
Low-income families throughout the Twin Cities metro area will benefit from a $325,000 grant Wells Fargo is making to Twin Cities Habitat for Humanity. The Wells Fargo donation is part of $3 million in donations being made for 14 Habitat for Humanity affiliates to help stabilize local neighborhoods in 12 states.
“Habitat’s Resource Development, Neighborhood Revitalization and other build projects, rely on partnership with other organizations to address a variety of affordable housing problems,” said Susan Haigh, President and CEO of Twin Cities Habitat for Humanity. “With the support of partners like Wells Fargo, we are able to work with families and neighborhood organizations to help struggling communities thrive.”
“This donation is another example of how Wells Fargo has continued to support Habitat’s affordable housing work for nearly 20 years,” said Kimberly Jackson, executive director of the Wells Fargo Housing Foundation, which is part of Wells Fargo’s Leading the Way Home® effort to create affordable housing. “Together we have made a difference with low-income families who now have homes in which they can take great pride – a mission that Wells Fargo has always believed is important.”
With these donations, Wells Fargo has provided $9.1 million in support of Habitat for Humanity International’s Neighborhood Revitalization Initiative, which constructs, repairs and rehabilitates affordable housing with low-income families in markets hit hard by foreclosures.
This year, Wells Fargo has also donated more than $5 million to Habitat for Humanity affiliates with its Leading the Way Home volunteer program – that provides “Money for Muscle” when team members help build or renovate homes for low-income families – and Habitat for Humanity International.
Wells Fargo’s $3 million donation will provide grants to 14 affiliates:
- Habitat for Humanity of Greater San Francisco • Habitat for Humanity of Greater Greensboro (NC)
- Habitat for Humanity of Metro Denver • Habitat for Humanity Omaha (NE)
- Habitat for Humanity of Collier County (FL) • Habitat for Humanity New York City
- Habitat for Humanity of Hillsborough (FL) • Dallas Area Habitat for Humanity
- Habitat for Humanity of Greater Boston • Houston Habitat for Humanity
- Habitat for Humanity of the Chesapeake (MD) • Tacoma/Pierce Co. Habitat for Humanity
- Habitat for Humanity Twin Cities (MN) • Habitat for Humanity of Greater Des Moines
About Twin Cities Habitat for Humanity
Our mission is to eliminate poverty housing from the Twin Cities and to make decent, affordable shelter for all people a matter of conscience. An award-winning nonprofit housing developer, Twin Cities Habitat is committed to building the quality of life, health and economic prosperity of the region by producing, preserving and advocating for affordable homeownership – because homes and families are the foundation of successful communities. http://www.tchabitat.org
About Wells Fargo
Wells Fargo in Minnesota provides financial services from 211 locations and employs approximately 20,000 team members throughout the state. Wells Fargo & Company (NYSE: WFC) is a nationwide, diversified, community-based financial services company with $1.3 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 9,000 stores, 12,000 ATMs, the Internet (wellsfargo.com and wachovia.com), and other distribution channels across North America and internationally. With approximately 275,000 team members, Wells Fargo serves one in three households in America. Wells Fargo & Company was ranked No. 23 on Fortune’s 2011 rankings of America’s largest corporations. Wells Fargo’s vision is to satisfy all our customers’ financial needs and help them succeed financially.
About Habitat for Humanity International
Habitat for Humanity International is an ecumenical Christian ministry that welcomes to its work all people dedicated to the cause of eliminating poverty housing. Since its founding in 1976, Habitat has built, rehabilitated, repaired or improved more than 400,000 houses worldwide, providing simple, decent and affordable shelter for more than 2 million people. For more information, or to donate or volunteer, visit Habitat.org.