Wells Fargo Pledges $1B to Tackle Housing Challenges

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.

Greater Focus Needed on Donor Diversity

In an article that is part of a series of articles on the theme "Fundraising for the Future" contributed by Arts Fundraising and Philanthropy, Michelle Wright, Founder and CEO of fundraising and...more

Youngsters Creating Change Through Philanthropy

The Wood Foundation's Youth and Philanthropy Initiative (YPI) has gathered more than 1000 young students in Scotland at the Perth Concert Hall to celebrate their philanthropic achievements. The...more

The Social Media Generation Changing How Philanthropy Works

Sponsors of a new Hawaiian documentary, titled "Save the Reef," seeks to re-imagine how philanthropy works in today's social media era. The documentary was made possible by Karmagawa, a charity...more

GoFundMe Has Revolutionized How We Give, But Is That a Good Thing?

Crowdfunding has since revolutionized how people can donate and give back. But how can people determine what is real, and how much are people obligated to help? While the internet has made...more

5 Trends Driving the Future of Philanthropy

Donna Orem, the President of the National Association of Independent Schools (NAIS), shares five trends that will propel philanthropy's future courtesy of both FEP and Blackbaud reports. The...more

How Philanthropy Can Transform Africa

Emmanuel K. Akyeampong, Oppenheimer Faculty Director of the Harvard University Center for African Studies and Professor of History and African and African American Studies, shares his thoughts on...more

Getting to the Root of Problems with a Do, Learn, Share Approach to Philanthropy

Philanthropist Charlotte Wagner of Wagner Foundation has taken a different approach when it comes to building a framework for the organization's best practices. Wagner Foundation is set on...more

Airbnb Social Impact Experiences

Airbnb, the San Francisco-based online marketplace and hospitality service brokerage company, is offering a tour of its headquarters with a company employee as a tour guide. The $24 tour offer...more

Melinda Gates - Women and People of Color Are Designing the Future
Foundation: Gates Foundation, Rockefeller Foundation

Melinda Gates, former General Manager at Microsoft and philanthropist, sits down with David Letterman on Netflix's "My Next Guest Needs No Introduction." Melinda stresses the importance of gender...more

Philanthropy Can Help Spotlight Needs
Foundation: Community Foundation for Greater Atlanta

Alicia Philipp, president of Community Foundation for Greater Atlanta who writes for the Atlanta Journal-Constitution (AJC), opines that it's time to face a harsh reality; that Atlanta has a crisis...more








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