CHARLOTTE Wells Fargo & Company has announced a $150,000 donation to Habitat for Humanity of Charlotte as part of $6 million in grants awarded across 54 nonprofits around the country.
The funds are coming from the Wells Fargo Housing Foundation Priority Markets Program, and are earmarked to help stabilize and revitalize neighborhoods impacted by the recession.
Wells Fargo leaders and volunteers formally presented the grant Nov. 20 as Habitat Charlotte dedicated two new Wells Fargo-sponsored houses in west Charlotte’s Reid Park community. Both new homeowner families are from Bhutan, although each spent nearly 20 years in Nepali refugee camps before their relocation to Charlotte by the United Nations High Commissioner for Refugees.
“Wells Fargo is pleased to support nonprofits that work diligently to help revitalize neighborhoods and position them for long-term success,” said Kimberly Jackson, executive director of the Wells Fargo Housing Foundation. “The Priority Markets Program has been a catalyst for bringing together community stakeholders with shared interests that are producing sustainable results and making a difference for communities.”
Including this grant, in 2014 Wells Fargo has invested $405,750 in Habitat Charlotte’s neighborhood revitalization efforts in Reid Park. Wells Fargo team members have volunteered more than 3,000 hours so far this year to support Habitat and their various builds in the Reid Park neighborhood.
“We are appreciative of the support provided, both the hours of volunteer time invested and the financial commitment,” said Laura Belcher, president and CEO of Habitat Charlotte.