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Wells Fargo Foundation – Housing Affordability

Deadline: April 11, 2020

In 2020, the Wells Fargo Foundation will use its resources and expertise to address complex societal issues and pave a path to stability and financial success for the underserved. The Foundation’s philanthropy will focus on the following areas:

  • Housing affordability: Reduce the cost burden of housing and increase access to safe, affordable places to live, including transitional housing, rentals, and home ownership, especially for individuals and families historically shut out of the market.
  • Small business growth and workforce development: Strengthen communities and help create local jobs by investing in underserved small business owners and entrepreneurs through access to capital, capacity building, and market growth opportunities. Programs include supporting the launch of small businesses, job creation or career readiness.
  • Financial health: Improve the financial health of low- to moderate-income New Mexicans by supporting innovation and research that improve financial behaviors and decision making. Programs include financial education, coaching and counseling, and products and services that help save money, build credit, reduce debt, and grow assets.
  • Other local priorities: Limited funding may also be available for other local priorities such as Education and Health and Human Services.

The Foundation is currently accepting applications for the area of housing affordability. Nonprofit organizations may apply for a grant using the Foundation’s grant portal.

Additional application periods in New Mexico will be as follows:

  • Small business growth and workforce development: April 12 – May 23, 2020
  • Financial health: May 24 – July 4, 2020
  • Other local priorities: July 5 – August 15, 2020

Amount: Grants typically range between $1,000-$15,000.

Eligibility: Organizations with tax-exempt status under Section 501(c)(3) of the U.S. Internal Revenue Code, as well as qualified tribal and governmental agencies, including public school systems.

Link: www.wellsfargo.com/donations

Note: These funding cycles are not expected to be posted on the Foundation’s website.

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