Three Arizona Nonprofits Receive Combined $425,000 in Grants from Wells Fargo Housing Foundation
Newtown Community Development Corporation, Native American Connections and Habitat for Humanity Tucson received a combined total of $425,000 in grants from Wells Fargo Housing Foundation.
The Arizona organizations are among 50 nonprofits to receive a total of $6 million in funding through the Wells Fargo Housing Foundation 2018 Priority Markets Program.
Newtown will use its funds on its Tempe Micro Estates, a small-scale, affordable, and sustainable housing development for low- and moderate-income residents of Tempe located near Apache Boulevard and Rural Road.
Native American Connections will use its grant of $125,000 for the development of a new housing community in north Phoenix.
And, Habitat for Humanity Tucson will use its $150,000 grant on Minton Court, a new affordable sub-division in partnership with Literacy Connects located in the Amphi neighborhood of Tucson.
“These three Arizona nonprofits share our focus of strengthening communities through local neighborhood revitalization efforts in support of sustainable housing,” said Don Pearson, lead regional president for Wells Fargo. “The impact of each dollar invested through this program will be magnified by enabling these organizations to combine funding with other community grants as the catalyst for their neighborhood revitalization work, serving as a powerful example of the positive impact that can be achieved with thoughtful public-private collaboration.”
Grant recipients were selected from applications submitted by nonprofits Wells Fargo identified as leading large-scale affordable housing projects. Recipients must be 501(c)(3) organizations with successful histories of supporting low- to moderate-income communities.
The 2018 Wells Fargo Housing Foundation Priority Markets Program supports projects, programs and initiatives focused on neighborhood revitalization and helps remove barriers to sustainable housing in low- and moderate-income communities. Since 2009, the program has donated grants totaling $54 million to nonprofits in more than 125 communities.
