U.S. Conference of Mayors, Wells Fargo Announce 2017 CommunityWINS Grant Program

$1 million commitment for 2017 to support neighborhood
revitalization, economic development and job creation in local
municipalities

SAN FRANCISCO & WASHINGTON–(BUSINESS WIRE)–The U.S. Conference of Mayors (USCM) and Wells Fargo today announced a
call for nominations for the 2017 CommunityWINS^℠
grant program, aimed at accelerating neighborhood revitalization,
economic development, and job creation in municipalities across the
country.

Launched in 2015, the CommunityWINS grant program includes a $3 million
investment by the Wells Fargo Foundation over three years. CommunityWINS
grant program is administered by The
U.S. Conference of Mayors and funded by the Wells Fargo Foundation.

“We are pleased to continue this impactful program in 2017 for the third
consecutive year,” said Tom Cochran, U.S. Conference of Mayors CEO and
executive director. “The CommunityWINS program demonstrates how private
and public sectors can work together to address local economic
challenges and create positive change. Our organization and Wells Fargo
share similar goals and commitments to help communities across the
country succeed, and we look forward to teaming with additional cities
and nonprofits to spur economic recovery in 2017.”

Through a competitive application process, the USCM will determine
eligibility and administer grant funds to eligible nonprofits in six
cities to support neighborhood revitalization, economic development and
job creation initiatives.

“We have experienced great success collaborating with the U.S.
Conference of Mayors to help local communities succeed,” said Martin
Sundquist, executive director, Wells Fargo Housing Foundation. “Wells
Fargo believes it is important to help people succeed financially. By
joining efforts with community organizations and nonprofits, we are able
to support initiatives that accelerate local economic recovery, which in
turn strengthens the communities in which we live and work.”

USCM member cities can nominate up to three eligible nonprofit
initiatives or programs that address one of the following categories:

• Neighborhood stabilization – projects designed to stimulate
growth and stability while assisting in the removal of blight and the
rebuilding of neighborhoods.

• Economic development – projects designed to promote business
development.

• Job creation – projects designed to aid in local job creation
or assist in job training.

Grant requirements, application details, application checklists, and the
online application forms are available now at usmayors.org/communitywins.
Applications must be submitted by March 17, 2017.

With the second annual CommunityWINS grant program in 2016, grants were
presented to six nonprofits including Blanchet House of Hospitality
(Portland, Ore.), Newton Innovation Center (Newton, Mass.), West Edge
Factory Solar Training Institute (Huntington, W. Va.), Family
Foundations (Jacksonville, Fla.), TechTown Foundation (Chattanooga,
Tenn.), and Kinston Teens, Inc. (Kinston, N.C.).

The CommunityWINS grant program collaboration between the USCM and Wells
Fargo follows a national alliance formed in 2011 to address foreclosure
prevention, property disposition, homeownership promotion and community
development. The three-year alliance was forged to address housing
challenges through strategies developed by Wells Fargo.

About USCM

The U.S. Conference of Mayors is the official nonpartisan organization
of cities with populations of 30,000 or more. There are nearly 1,400
such cities in the country today, and each city is represented in the
Conference by its chief elected official, the mayor. Like us on Facebook
at facebook.com/usmayors, or follow us on Twitter at
twitter.com/usmayors.

About Wells Fargo

Wells Fargo & Company (NYSE: WFC) is a diversified, community-based
financial services company with $1.9 trillion in assets. Founded in 1852
and headquartered in San Francisco, Wells Fargo provides banking,
insurance, investments, mortgage, and consumer and commercial finance
through more than 8,600 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 269,000 team members, Wells Fargo serves one
in three households in the United States. Wells Fargo & Company was
ranked No. 27 on Fortune’s 2016 rankings of America’s largest
corporations. Wells Fargo’s vision is to satisfy our customers’
financial needs and help them succeed financially. In 2015, Wells Fargo
donated $281.3 million to 16,300 nonprofits, ranking No. 3 on the
Chronicle of Philanthropy’s rankings of the top corporate cash
philanthropists. Wells Fargo team members volunteered 1.86 million hours
in 2015, serving more than 40,000 nonprofits. Wells Fargo’s corporate
social responsibility efforts are focused on three priorities: economic
empowerment in underserved communities, environmental sustainability,
and advancing diversity and social inclusion. News, insights and
perspectives from Wells Fargo are also available at Wells
Fargo Stories.

Contacts

Wells Fargo & Company
Media
Chris Hammond,
415-222-4106
Chris.L.Hammond@wellsfargo.com
@ChrisHammondWF
or
USCM
Elena
Temple-Webb, 202-861-6719
etemple@usmayors.org