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HomeBlogNew and NotableHabitat for Humanity of the Chesapeake Receives $200K for Neighborhood Revitalization

Habitat for Humanity of the Chesapeake Receives $200K for Neighborhood Revitalization

 

habitatWells Fargo grants $200K to Habitat for Humanity of the Chesapeake to help revitalize local neighborhoods
 
Grant is part of $3 million donation increasing Wells Fargo’s support to $9.1 million for
Habitat for Humanity International’s Neighborhood Revitalization efforts in 2010 and 2011
 
BALTIMORE—Habitat for Humanity of the Chesapeake announced it is receiving a grant of $200,000 from Wells Fargo & Company (NYSE: WFC) as part of $3 million in donations being made across 14 Habitat for Humanity affiliates to help stabilize local neighborhoods in 12 states. With these donations, Wells Fargo has provided $9.1 million in support of Habitat for Humanity International’s Neighborhood Revitalization Initiative, which constructs, repairs and rehabilitates affordable housing with low-income families in markets hit hard by foreclosures.
 
“Our most recent donation is another example of how Wells Fargo has continued to support Habitat’s affordable housing work for nearly 20 years,” said Kimberly Jackson, executive director of the Wells Fargo Housing Foundation, which is part of Wells Fargo’s Leading the Way Home® effort to create affordable housing.  “Together we have made a difference with low-income families who now have homes in which they can take great pride – a mission that Wells Fargo has always believed is important.”
 
“Our Habitat affiliate relies on partnerships with other organizations to address a variety of affordable housing problems,” said Mike Brennan, Chair of the Board for Habitat for Humanity of the Chesapeake. “With the support of partners like Wells Fargo, we are able to work with families and neighborhood organizations to help struggling communities thrive.”
 
In total, 21 Habitat for Humanity affiliates have received grants through this partnership. The grants align with Wells Fargo’s Leading the Way Home® effort, which supports neighborhood revitalization initiatives, with local nonprofits such as Habitat for Humanity of the Chesapeake.
 
“At Wells Fargo our leadership position carries a great responsibility, and it’s a role we embrace. We want to help our communities work through unprecedented challenges in the housing market,” said Andy Bertamini, Wells Fargo regional president for Maryland.  “We are proud to support organizations like Chesapeake Habitat that share our desire to empower families and strengthen our communities by improving the quality of lives of everyone.”
 
This year, Wells Fargo has also donated more than $5 million to Habitat for Humanity affiliates with its Leading the Way Home® Volunteer Program – that provides “Money for Muscle” when team members help build or renovate homes for low-income families – and Habitat for Humanity International.
 
Today’s $3 million donation will provide grants to the following 14 affiliates:
 
• Habitat for Humanity of Greater San Francisco      • Habitat for Humanity of Greater Greensboro (NC)
• Habitat for Humanity of Metro Denver                    • Habitat for Humanity Omaha (NE)
• Habitat for Humanity of Collier County (FL)            • Habitat for Humanity New York City
• Habitat for Humanity of Hillsborough (FL)   • Dallas Area Habitat for Humanity
• Habitat for Humanity of Greater Boston                  • Houston Habitat for Humanity
• Habitat for Humanity of the Chesapeake (MD)       • Tacoma/Pierce Co. Habitat for Humanity
• Habitat for Humanity Twin Cities (MN)                    • Habitat for Humanity of Greater Des Moines
 
In 2010, Wells Fargo also contributed to Habitat for Humanity International’s Jimmy and Rosalynn Center Work Project. Additionally, Wells Fargo team members volunteered more than 50,000 hours to help rebuild or renovate 650 homes in 41 states, and donated 19 properties to create affordable housing opportunities in local communities.  Many of the projects focused on rehabilitating foreclosed and abandoned properties and incorporating green components to make the homes more energy efficient for the homebuyers.
 
About Habitat for Humanity of the Chesapeake
Putting faith into action, Habitat for Humanity of the Chesapeake brings people together to build decent, affordable homes that change lives, empower families and strengthen communities.  Habitat for Humanity of the Chesapeake serves Anne Arundel County, Baltimore City, Baltimore County and Howard County. Call 410.366.1250 or visit www.habitatchesapeake.org for information.
 
About Wells Fargo
Wells Fargo & Company (NYSE: WFC) is a nationwide, diversified, community-based financial services company with $1.3 trillion in assets. Founded in 1852 and headquartered in San Francisco, Wells Fargo provides banking, insurance, investments, mortgage, and consumer and commercial finance through more than 9,000 stores, 12,000 ATMs, the Internet (wellsfargo.com and wachovia.com), and other distribution channels across North America and internationally. With more than 270,000 team members, Wells Fargo serves one in three households in America. Wells Fargo & Company was ranked No. 23 on Fortune’s 2011 rankings of America’s largest corporations. Wells Fargo’s vision is to satisfy all our customers’ financial needs and help them succeed financially.   Wells Fargo Bank, N.A. is an equal housing lender.
 
About Habitat for Humanity International
Habitat for Humanity International is an ecumenical Christian ministry that welcomes to its work all people dedicated to the cause of eliminating poverty housing. Since its founding in 1976, Habitat has built, rehabilitated, repaired or improved more than 400,000 houses worldwide, providing simple, decent and affordable shelter for more than 2 million people. For more information, or to donate or volunteer, visit Habitat.org.

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