Wells Fargo

Wells Fargo Funds Legal Assistance for Renters at Risk of Eviction

Wells Fargo Foundation donates $5.4 million to 15 organizations to help keep people affected by COVID-19 housed
Press Release

SAN FRANCISCO, September 24, 2020 /3BL Media/ - Up to 40 million U.S. renters impacted by the COVID-19-related economic downturn could face eviction once federal rental protections end, according to research from the Aspen Institute and the COVID-19 Eviction Defense Project.

Wells Fargo Grants $150,000 to Support Aging Homeowners

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Wells Fargo granted $150,000 to Twin Cities Habitat for Humanity's Age Well at HomeTM program, which takes a person-centered approach to home modification services for older homeowners.

Oweesta Corporation Receives $300,000 Grant to Support Native Communities

Grant from the Wells Fargo Foundation is part of $175 million commitment to assist communities impacted by COVID-19
Press Release

LONGMONT, Colo., September 23, 2020 /3BL Media/  - Oweesta Corporation (Oweesta) today announced a $300,000 grant from the Wells Fargo Foundation, which will enable the Native Community Development Financial Institution (CDFI) intermediary to provide COVID-19 focused technical assistance, training, and other support services to Native Community Development Financial Institution (CDFI) housing lenders to support local housing efforts in Native communities throughout the country.

Winners of Nationwide Housing Affordability Breakthrough Challenge Named

Six housing innovators receive a total of $12 million in grants to create housing affordability solutions across the U.S.
Press Release

COLUMBIA, Md. and SAN FRANCISCO, September 22, 2020 /3BL Media/ – Although the housing challenges facing millions of Americans often seem intractable, organizations from across the U.S. are collaborating to deliver fresh, innovative and scalable ideas to create housing affordability solutions with support from Enterprise Community Partners and Wells Fargo

Fahe Receives $300,000 Grant to Support Central Appalachia

Grant from the Wells Fargo Foundation is part of $175 million commitment to assist communities impacted by COVID-19
Press Release

BEREA, Ky., September 18, 2020 /3BL Media/ - Fahe today announced a $300,000 grant from the Wells Fargo Foundation, which will enable the Community Development Financial Institution (CDFI) to respond to the crisis in Appalachia, one of the most persistently poor regions of the country.  The funding will support Fahe’s efforts to help keep people in their homes, critical during a time when a home is where many are now working and their children are going to school.  Additionally, the funding assists efforts to bring investments that will address the sho

A Coalition on a Mission to Eliminate Persistent Poverty in the U.S.

Wells Fargo Foundation donates $1.8 million to support housing initiatives led by six CDFIs in the country’s poorest communities.
Blog

The ongoing economic fallout from COVID-19 — and its disproportional impact on people of color — is being felt not just in big cities but also in rural areas of persistent poverty across the United States. Fortunately, a group of six Community Development Financial Institutions, or CDFIs, have come together to transform and lift up these persistently poor communities, aided by the financial support of the Wells Fargo Foundation.

Wells Fargo Gives $1 Million in Scholarships to Bridge Financial Gaps Faced by Students Amidst COVID-19

Initiative comes as pandemic continues to hamper students’ ability to pursue their educational paths
Press Release

SAN FRANCISCO, Sep. 3, 2020 /3BL Media/--Students dedicated to making a positive difference in the world offer the greatest hope for the future, but for many their plans are threatened due to the unexpected financial gap posed by COVID-19 – sometimes prohibiting them from continuing and completing college. Wells Fargo wants to help close that gap by launching the Wells Fargo Student Impact Scholarship.

Clear Access Banking: Peace of Mind, No Checkbook

Bank On-certified by the Cities for Financial Empowerment Fund, Wells Fargo’s new Clear Access BankingSM broadens access to mainstream banking and digital convenience.
Press Release

September 2, 2020 /3BL Media/ - Wells Fargo has introduced a new low-cost and checkless bank account with no overdraft fees to make it easier for customers to manage their money, make payments, and save.

'Las personas a las que prestamos servicios son, en efecto, financieramente invisibles'

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Nací en México y llegué a EE. UU. de niño. Estábamos indocumentados y solo podíamos hacer trabajos ocasionales en el mercado de pulgas local para poder llegar a fin de mes. Durante muchos años, vivimos en las sombras de la sociedad, con miedo de ser capturados, detenidos y deportados. Este miedo permeó todos los aspectos de nuestra vida hasta 1986, cuando el Presidente Ronald Reagan firmó un proyecto de ley de amnistía que otorgaba a los inmigrantes como nosotros un permiso para salir a la luz del día.

'The People We Serve Are in Effect Financially Invisible'

Viewpoints: For the 63 million unbanked and underbanked people in the U.S., the cost of living in the financial shadows is tremendous and further compounded by the COVID-19 pandemic, writes José A. Quiñonez, founder of Mission Asset Fund.
Article

I was born in Mexico and came to the U.S. as a young boy. We were undocumented and could only work odd jobs at the local flea market to make ends meet. For many years, we lived in the shadows of society, afraid of being caught, detained, and deported. This fear permeated every aspect of our lives until 1986, when President Ronald Reagan signed an amnesty bill granting immigrants like us permission to come out in the full light of day.

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