To deal with challenges in construction, financing and support services for low- and moderate-income families, seniors and the homeless, Wells Fargo stated it had become also launching a $20 million Housing Affordability Challenge grant targeted at uncovering new, faster methods to boost the availability and sustainability of affordable housing.
This is a part of an overhaul its corporate philanthropy strategy to focus on housing affordability, small-business growth and the financial health of individuals. The bank has committed to allocate $1 billion by 2025.
America’s housing affordability crisis isn’t limited to metropolitan areas around the East and West Coasts, according to Jon Campbell, head of Corporate Philanthropy and Community Relations at Wells Fargo
Wells Fargo intends to bring local and national nonprofits and policy leaders together to better understand and address the entire spectrum of housing affordability, from being homeless to rental housing to homeownership, and unlock more housing choices for individuals in need of assistance.
A customized collection of grant news from foundations and the federal government from around the Web.
Here are the star companies that have succeeded in their corporate social responsibility (CSR) programs. The companies were gathered by Civic 50, a national initiative to survey and rank S&P 500 corporations on how they engage with the communities they serve and utilize best practices in their corporate cultures.