Wells Fargo Foundation deploys $500,000 to housing nonprofits in D.C.

By Megan SaylesAFRO Business Writermsayles@afro.comThe Wells Fargo Foundation recently supplied $500,000 in grants to five Washington, D.C. nonprofits as part of a broader effort to address systemic housing challenges in the city. The goal of the funding is to support the creation and preservation of generational wealth through homeownership. The Wells Fargo Foundation is continuing to address housing challenges in Washington, D.C., awarding $500,000 in grants to five District nonprofits. (Photo courtesy of the Wells Fargo Foundation )The five organizations included, Building Bridges Across the River, Manna, Latino Economic Development Center, Centro de Apoyo Familiar and DC Affordable Law Firm (DCALF).& & “As the Bank of Doing, Wells Fargo is dedicated to developing solutions that increase the supply of homes that are affordable and support families in realizing the dream of homeownership and opportunities for building wealth,” said Victor Burrola, vice president of philanthropy and community impact for Wells Fargo in Washington, D.C. “These grants further demonstrate our dedication to Washington D.C., and our efforts to provide housing affordability solutions to individuals and families across the region.”DCALF Executive Director Gabby Mulnick Majewski said her organization will use its $100,000 grant to provide free estate planning services to District families.“At DCALF,...