$1 million commitment in 2019 shared by 8 nonprofits to support neighborhood revitalization, economic development and job creation in local municipalities
SAN FRANCISCO & WASHINGTON--(BUSINESS WIRE)--The U.S. Conference of Mayors and Wells Fargo today announced the 2019
CommunityWINS® grant program, aimed at accelerating
neighborhood revitalization, economic development and job creation in
municipalities across the U.S., with a $1 million commitment by the
Wells Fargo Foundation.
The U.S. Conference of Mayors and Wells Fargo first announced the
CommunityWINS grant program in 2015, with a three-year, $3 million
commitment by Wells Fargo. In 2018, the public-private collaboration was
extended 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 the U.S.
Conference of Mayors and funded by the Wells Fargo Foundation.
“The CommunityWINS program collaboration is about helping communities
succeed,” said Tom Cochran, U.S. Conference of Mayors CEO and executive
director. “Wells Fargo and the USCM are working together, and with our
communities, to create positive change by accelerating neighborhood
revitalization, economic development and job creation. We look forward
to seeing more success in 2019.”
Through a competitive application process, the conference will determine
eligibility and administer grant funds to eligible nonprofits in eight
cities, two awards per population category: Metropolitan (500K+); Large
(275K-500K); Medium (50K-275K); and Small (50K or less) to support
neighborhood revitalization, economic development and job creation
initiatives. The population categories have been redefined this year,
resulting in the addition of a Metropolitian category and two more
awards.
“Together, the U.S. Conference of Mayors and Wells Fargo are
strengthening cities by empowering communities to make improvements in
local municipalities,” said Martin Sundquist, head of housing
philanthropy for the Wells Fargo Foundation. “It’s been four years since
we announced the CommunityWINS grant program, and the progress made in
achieving our goals of accelerating neighborhood revitalization,
economic development and job creation has been incredible. We are
excited to see even more communities benefit from this commitment.”
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 22.
In 2018, CommunityWINS grants were presented to six nonprofits: Pacific
Gateway Workforce Partnership (Long Beach, Calif.); Year Up Greater
Boston; Greater Dayton Union Cooperative Initiative (Dayton, Ohio); Near
Northwest Neighborhood Inc. (South Bend, Ind.); Youngstown Neighborhood
Development Cooperation (Youngstown, Ohio) and The Community Foundation
of Greater Rochester (Rochester Hills, Mich.).
The CommunityWINS grant program collaboration between the U.S.
Conference of Mayors 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 the U.S. Conference of Mayors
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 U.S. today, and each city is represented in the
conference by its chief elected official, the mayor. The organization is
on Facebook at https://www.facebook.com/usmayors
and 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, investment and mortgage products and
services, as well as consumer and commercial finance, through 7,800
locations, 13,000 ATMs, the internet (wellsfargo.com) and mobile
banking, and has offices in 37 countries and territories to support
customers who conduct business in the global economy. With approximately
259,000 team members, Wells Fargo serves one in three households in the
United States. Wells Fargo & Company was ranked No. 26 on Fortune’s 2018
rankings of America’s largest corporations. News, insights and
perspectives from Wells Fargo are also available at Wells
Fargo Stories.