Wells Fargo Commits $6 Million to Expand Housing, Workforce and Small Business Support
Wells Fargo announced a $6 million philanthropic investment in West Charlotte to support six nonprofits addressing housing access, workforce training and small business growth. Grants fund 12 affordable rental units, 15 accessory dwelling units, expanded computer science courses at local universities and creation of Three Sisters Market grocery store.
1. Investment Overview
Wells Fargo announced a $6 million philanthropic investment in West Charlotte supporting community-driven solutions through six nonprofits focused on housing access, workforce training and small business growth.
2. Housing Initiatives
Freedom Communities will create 12 affordable rental units for workforce program participants and Lakeview Neighborhood Alliance will build 15 accessory dwelling units, install solar panels and enable home repairs to improve housing stability.
3. Workforce Development
CodePath expansion will fund industry-aligned computer science courses, career services and interview preparation at UNC Charlotte and Johnson C. Smith University, with plans to scale the program across the region.
4. Small Business and Grocery Access
CLT Alliance Foundation and ASPIRE Community Capital will launch readiness programs and financial empowerment initiatives for local entrepreneurs, while West Boulevard Neighborhood Coalition will establish the Three Sisters Market grocery store in the West Boulevard Corridor.