$3 million commitment over the next three years will support neighborhood revitalization, economic development and job creation in local municipalities
The U.S. Conference of Mayors (USCM) and Wells Fargo today announced the 2018
CommunityWINS® grant program, aimed at accelerating
neighborhood revitalization, economic development and job creation in
municipalities across the country.
USCM and Wells Fargo first announced the CommunityWINS grant program in
2015, with a three-year, $3 million commitment by Wells Fargo. Including
2018, the public-private collaboration will extend another three years
through 2020 with an additional $3 million commitment by Wells Fargo,
bringing the combined total to $6 million over six years.
The CommunityWINS grant program is administered by USCM
and funded by the Wells Fargo Foundation.
“We are pleased to expand this impactful program through 2020,” said Tom
Cochran, U.S. Conference of Mayors CEO and executive director. “The
CommunityWINS program demonstrates how the private and public sectors
can work together to address local economic challenges and create
positive change. Our organization and Wells Fargo share similar goals
and commitments to help communities across the country succeed, and we
look forward to teaming up with additional cities and nonprofits to spur
economic recovery in 2018 and beyond.”
Through a competitive application process, USCM will determine
eligibility and administer grant funds to eligible nonprofits in six
cities, two awards per population category, to support neighborhood
revitalization, economic development and job creation initiatives.
“Together, USCM and Wells Fargo are empowering communities to make
improvements in local municipalities,” said Martin Sundquist, executive
director of the Wells Fargo Housing Foundation. “Since the 2015 launch
of CommunityWINS, we have seen our goals of accelerating neighborhood
revitalization, economic development and job creation come to life and
strengthen cities as a result. We are thrilled to announce our continued
$3 million, three-year commitment and look forward to seeing our
communities benefit.”
USCM member cities can nominate up to three eligible nonprofit
initiatives or programs that address one of the following issues:
-
Neighborhood stabilization – projects designed to stimulate growth and
stability while assisting in the removal of blight and the rebuilding
of neighborhoods.
-
Economic development – projects designed to promote business
development.
-
Job creation – projects designed to aid in local job creation or
assist in job training.
Grant requirements, application details, application checklists and the
online application forms are available now at www.usmayors.org/communitywins/.
Applications must be submitted by March 16, 2018.
In 2017, CommunityWINS grants were presented to six nonprofits: Main
Street Launch (San Francisco); Farm Fresh (Providence, R.I.); Community
Action Partnership of Lancaster County (Lancaster, Pa.); 3Star Community
Corporation (Atlanta); MAKE Santa Fe (Santa Fe, N.M.); and Ithaca
Downtown Business Improvement District (Ithaca, N.Y.).
The CommunityWINS grant program collaboration between the USCM and Wells
Fargo follows a national alliance formed in 2011 to address foreclosure
prevention, property disposition, homeownership promotion and community
development. The alliance was forged to address housing challenges
through strategies developed by Wells Fargo.
About USCM
The U.S. Conference of Mayors is the official nonpartisan organization
of cities with populations of 30,000 or more. There are nearly 1,400
such cities in the country today, and each city is represented in the
Conference by its chief elected official, the mayor. Like us on Facebook
at https://www.facebook.com/usmayors,
or follow us on Twitter at https://twitter.com/usmayors.
About Wells Fargo
Wells Fargo & Company (NYSE: WFC) is a diversified, community-based
financial services company with $1.9 trillion in assets. Wells Fargo’s
vision is to satisfy our customers’ financial needs and help them
succeed financially. Founded in 1852 and headquartered in San Francisco,
Wells Fargo provides banking, investments, mortgage, and consumer and
commercial finance through more than 8,300 locations, 13,000 ATMs, the
internet (wellsfargo.com) and mobile banking, and has offices in 42
countries and territories to support customers who conduct business in
the global economy. With approximately 263,000 team members, Wells Fargo
serves one in three households in the United States. Wells Fargo &
Company was ranked No. 25 on Fortune’s 2017 rankings of America’s
largest corporations. News, insights and perspectives from Wells Fargo
are also available at Wells
Fargo Stories.