Wells Fargo Pledges $1B to Tackle Housing Challenges


credit: AA Roads

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. Read the Entire Article


Selected Grant News Headlines

A customized collection of grant news from foundations and the federal government from around the Web.

Changing Health by Changing the Community

In an op-ed for the Richmond Times-Dispatch, LISC CEO Maurice A. Jones and Howard Kern, president and CEO of Sentara Healthcare, describe how their new $100 million investment will take aim at the...more

The Struggle for the Land in America's Black Belt

In an NPR (Nonprofit Quarterly) essay based on a talk delivered to the 2018 fellowship class of the Business Alliance for Local Living Economies (BALLE) at Penn Center in St. Helena Island, South...more

Community Land Trust Movement Imagines Its Future

An article being co-published by NPQ and Shelterforce addresses the support for civil rights, community land ownership through land trusts and public land banks as well as the shift in leadership to...more

Augmented Reality and the Future of Cities
Foundation: Knight Foundation

Niantic Inc. shared the outcomes of the first ever symposium, "Augmenting Cities: A Playful Path to Community," hosted in partnership with the Knight Foundation to leverage the latest Augmented...more

The Role of Philanthropy in Advancing Equity in the Arts
Foundation: Doris Duke Charitable Foundation, Bush Foundation, New York Community Trust

Maurine Knighton, program director for the arts at the Doris Duke Charitable Foundation, and Kerry McCarthy, vice president for philanthropic initiatives for The New York Community Trust, write how...more

LISC Invests $1M in SustainVC Impact Investing Fund

The Local Initiatives Support Corporation (LISC) has committed to invest $1 million in SustainVC Impact Fund II, a $25 million fund supporting early-stage companies focused on social and...more

The Role of Entrepreneurship In Ending Poverty And Homelessness

Devin Thorpe, author, educator and speaker, writes about the role of entrepreneurship in ending poverty and homelessness in-line with his 80-minute hosted podcast. Thorpe points out that The idea...more

New Census Data Shows Widening Gap Between Income and Rents

Alicia Mazzara, senior research analyst, discusses a new Census data that shows the widening gap between median renter income and median rent where the data underscores the continued need for...more

Skoll Randomised Coffee Trials

Oxford's Said Business School (SBS) is launching Skoll Randomised Coffee Trials, which is aimed at helping people meet a potential co-founder, mentor or life-long friend within the Oxford...more

This Fashion Entrepreneur Moved From L.A. to a Navajo Reservation

Fashion entrepreneur Amy Yeung moved her LA-based online apparel business Orenda Tribe to live on the Navajo reservation in New Mexico, among the indigenous sewers, jewelry makers, and artisans who...more







Social Entrepreneurship
Spotlight



Social Incubator North Offers 0% Loans to Social Entrepreneurs


Social Incubator North Offers 0% Loans to Social Entrepreneurs

The Social Incubator North, a £2 million incubator fund spearheaded by Sheffield-based Key Fund in collaboration with the four Northern Social Enterprise Partnerships and Locality, is providing 0% interest loans to North of England’s social entrepreneurs.




Nonprofit Jobs

  Program Director Jobs
  Foundation Related Jobs
  Social Work Jobs
  Social Work Jobs
  Social Services Jobs



Federal Government Grant and Assistance Programs



Edited by: Michael Saunders

© 2008-2019 Copyright Michael Saunders