Wells Fargo Supports Banking and Home Buyers in Low-Income Areas.

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  • Author(s): GOSE, BEN
  • Source:
    Chronicle of Philanthropy. 7/18/2013, Vol. 25 Issue 16, p13-13. 1/2p.
  • Additional Information
    • Subject Terms:
      WELLS Fargo & Co.; CORPORATE giving; BANKING industry; HOUSE buying; CHARITABLE giving; FINANCE
    • Abstract:
      The article focuses on Wells Fargo, a bank which supported home buyers and banking in low-income areas. The company has sponsored the Next awards program by Opportunity Finance Network for five more years with a commitment of 16.75 million dollars. The program provides funding to innovative nonprofit groups that offer banking services in low-income areas. The bank also made a 77 million dollar grant to NeighborWorks America in 2012.