Teton Habitat receives $405,000 grant from Wells Fargo Housing Foundation

Teton Habitat receives $405,000 grant from Wells Fargo Housing Foundation

Habitat for Humanity of the Greater Teton Area (Teton Habitat) receives $405,000 Priority Market grant from the Wells Fargo Housing Foundation. On Oct 25, 2017 Wells Fargo & Company announced $6 million toward neighborhood revitalization efforts with 47 grants to nonprofits through the Wells Fargo Housing Foundation’s 2017 Priority Markets program.

“We are focused on making meaningful contributions to address affordable and sustainable housing,” said Shari Knoll, Wells Fargo Region Bank President for Wyoming and Eastern Idaho.” “These grants help revitalize neighborhoods, build stronger communities, and are an example of the positive impact that can be achieved with thoughtful public-private collaboration.”

Habitat for Humanity of the Greater Teton Area (Teton Habitat) was among two organizations who received the top grant award of $405,000. Though Teton Habitat has had a long standing relationship with Wells Fargo and has benefitted from both its Homeownership Counseling Grants and Team Member Volunteer grants, this is the first time Teton Habitat has qualified to apply for the Priority Market Grants program, an opportunity that is only available every few years. This gift will be utilized in support of Teton Habitat’s current home building project: The Grove, Phase III which began in June 2017. Stage 1 of the project will see the completion of the first 8 of 24, 1200 sq. ft., 3 bedroom, 2 bath condo homes in the heart of Jackson WY behind the library.

“We are honored to be selected as one of the top grant recipients working to address affordable housing solutions in Wells Fargo’s 2017 priority market,” said Kendra Heimbuck, Teton Habitat Executive Director. “This substantial grant award will not only help to build the first eight condos at The Grove, Phase III but will also help to strengthen our community through the support of affordable workforce housing.”

The 2017 Wells Fargo Housing Foundation Priority Markets Program supports projects, programs and initiatives that help remove barriers to sustainable housing in low- and moderate-income communities. Since 2009, the program has provided grants totaling more than $48 million to nonprofits in more than 125 communities, impacting more than 40,000 people and creating more than 4,000 places for people to call home.

Grant recipients were selected from applications submitted by nonprofits Wells Fargo identified as leading large-scale affordable housing projects. Recipients must be 501 (c)(3) organizations with successful histories of supporting low- to moderate-income communities.

Grant recipients of the 2017 Priority Markets Program are:
1. Habitat for Humanity Anchorage (Anchorage, Alaska)
2. Montgomery Habitat for Humanity (Montgomery, Alabama)
3. Pima County Community Land Trust (Tucson, Arizona)
4. American Family Housing (Midway City, California)
5. NeighborWorks Orange County (Orange, California)
6. Habitat for Humanity Fresno County (Fresno, California)
7. West Hollywood Community Housing Corporation (West Hollywood, California)
8. Resources for Community Development (Berkeley, California)
9. Satellite Affordable Housing Associates (Berkeley, California)
10. Neighborhood Housing Services of the Inland Empire (San Bernardino, California)
11. S.V.D.P. Management, Inc. (San Diego, California)
12. Tenderloin Neighborhood Development Corporation (San Francisco, California)
13. Visionary Home Builders of California, Inc. (Stockton, California)
14. NeighborWorks New Horizons (New Haven, Connecticut)
15. Neighborhood Housing Services of Waterbury, Inc. (Waterbury, Connecticut)
16. Habitat for Humanity of Washington, D.C. (Washington, D.C.)
17. Habitat for Humanity of Greater Miami (Miami, Florida)
18. Opa-Locka Community Development Corporation (Opa-Locka, Florida)
19. Ability Housing, Inc. (Jacksonville Florida)
20. Habitat for Humanity of Greater Orlando (Orlando, Florida)
21. Bright Community Trust, Inc. (Clearwater, Florida)
22. Rebuilding Together Tampa Bay (Tampa, Florida)
23. City of Refuge, Inc. (Atlanta, Georgia)
24. Columbus Area Habitat for Humanity (Columbus, Georgia)
25. NeighborWorks Columbus (Columbus, Georgia)
26. NeighborWorks Boise (Boise, Idaho)
27. Saint Ambrose Housing Aid Center (Baltimore, Maryland)
28. Unity Properties, Inc. (Baltimore, Maryland)
29. Preservation North Carolina (Raleigh, North Carolina)
30. Reinvestment Partners (Durham, North Carolina)
31. Habitat for Humanity of Omaha (Omaha, Nebraska)
32. New Jersey Community Capital (New Brunswick, New Jersey)
33. Greater Albuquerque Habitat for Humanity (Albuquerque, New Mexico)
34. Central City Concern, Inc. (Portland, Oregon)
35. Transition Projects, Inc. (Portland, Oregon)
36. Habitat for Humanity of Chester County (Coatesville, Pennsylvania)
37. One80 Place (Charleston, South Carolina)
38. Jubilee Park & Community Center Corporation (Dallas, Texas)
39. Trinity Habitat for Humanity (Fort Worth, Texas)
40. Housing Channel (Fort Worth, Texas)
41. New Hope Housing, Inc. (Houston, Texas)
42. Salt Lake Valley Habitat for Humanity (Salt Lake City, Utah)
43. Habitat for Humanity South Hampton Roads (Norfolk, Virginia)
44. Habitat for Humanity Peninsula and Greater Williamsburg (Newport News, Virginia)
45. Wesley Housing Development Corporation (Alexandria, Virginia)
46. Housing Hope (Everett, Washington)
47. Habitat for Humanity of the Greater Teton Area (Jackson, Wyoming)

About Habitat for Humanity of the Greater Teton Area
Habitat builds homes in partnership with hardworking families in the Greater Teton Area and helps build stronger families and neighborhoods through homeowner education and by partnering with donors and volunteers to construct decent and affordable homes. Homes are sold at no profit to pre-selected partner families and individuals with an interest-free loan to ensure affordable monthly payments. Homeowners are required to contribute at least 500 hours of “sweat equity”, save for closing costs, and take a series of homeowner education classes in order to purchase the home. Habitat also runs the Habitat for Humanity ReStore, which sells donated building supplies, home furnishings and appliances to help fund Habitat’s program.
For more information, please call 307-734-0828, visit the Habitat for Humanity ReStore, or visit us on the web at www.tetonhabitat.org.

About the Wells Fargo Housing Foundation
In 2016, the Wells Fargo Housing Foundation donated $20 million in support of affordable housing initiatives serving low- and moderate-income households – including for seniors, veterans, and families – through community revitalization efforts. Since its inception in 1993, the Wells Fargo Housing Foundation has invested more than $190 million in such efforts, along with mobilizing more than 4.7 million team member volunteer hours to build and rehabilitate nearly 7,100 homes and counting.

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, insurance, investments, mortgage, and consumer and commercial finance through more than 8,400 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 268,000 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.

Building strength, stability, and self-reliance!
Habitat for Humanity of the Greater Teton Area (Teton Habitat)

kendra@tetonhabitat.org | 307-734-0828
850 W. Broadway | P.O.Box 4194
Jackson Hole, WY 83001

Facebook: https://www.facebook.com/tetonhabitat/
ReStore Facebook: https://www.facebook.com/tetonhabitatrestore/
Instagram: https://www.instagram.com/teton_habitat/
Twitter: https://twitter.com/TetonHabitat

Wells Fargo Media
Stephanie Grant, 760-317-6505, Stephanie.grant2@wellsfargo.com