Wells Fargo Partners with HomeAid to Tackle Homelessness in the Sacramento Region
December 10, 2019
ROSEVILLE – HomeAid Sacramento announced today its receipt of a $100,000 grant via Wells Fargo’s LIFT the Block program that will go toward supporting its ongoing work to build and renovate temporary, transitional and permanent housing for qualifying projects in the greater Sacramento region. The collaboration builds on the evolution of Wells Fargo’s philanthropy strategy, which includes a $1 billion commitment to address the housing affordability crisis over the next six years to address housing affordability solutions including for transitional housing, availability and affordability of rentals including multi-family housing, as well as sustainable homeownership.
“Our organization is humbled by the generosity shown by Wells Fargo,” said Beth Kang, Executive Director of HomeAid Sacramento. “We are excited that Wells Fargo has made such a significant commitment as we continue our work to fight the region’s growing homeless challenge alongside our non-profit partners.”
“Wells Fargo is honored to have the opportunity to play an important role in furthering HomeAid’s mission of building hope,” Kären Woodruff, Vice President of Corporate Philanthropy and Community Relations with Wells Fargo. “Homelessness is a humanitarian crisis and it cannot be effectively addressed unless we combine efforts to leverage our resources. By working with government, local nonprofit partners and our region’s homebuilders, the private sector can increase our impact.
The grant award from Wells Fargo will be used for several critical projects that HomeAid will complete and behalf of four of their local nonprofit partners including Women Escaping a Violent Environment (WEAVE), the Neighborhood Wellness Foundation, Women’s Empowerment, and Volunteers of America. The specific projects that HomeAid will undertake for these non-profit partners range from construction of a new security fence at a Veteran’s housing complex, begin work on over 30 unites of workforce housing and critical life safety repairs at a community center in Del Paso Heights.
About HomeAid Sacramento
HomeAid Sacramento serves the greater Sacramento region, building homes and hope for homeless families and individuals. Formed in 1996, HomeAid Sacramento has completed over 103 housing projects with a retail value of more than $17 million dollars and in-kind donations topping $7.5 million. We accomplish this through the generosity of the members of the North State Building Industry Association (homebuilders and trade partners), countless private sector partners, committed donors and community volunteers. Find out more here.
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 7,500 locations, more than 13,000 ATMs, the internet (wellsfargo.com) and mobile banking, and has offices in 32 countries and territories to support customers who conduct business in the global economy. With approximately 261,000 team members, Wells Fargo serves one in three households in the United States. Wells Fargo & Company was ranked No. 29 on Fortune’s 2019 rankings of America’s largest corporations. News, insights and perspectives from Wells Fargo are also available at Wells Fargo Stories.
