News Release | May 29, 2020

West Angeles CDC Receives $10,000 grant from the Wells Fargo Foundation to Keep Californians Housed in Response to COVID-19

Wells Fargo Foundation housing philanthropy grants to help more than 100,000 renters as homeowners stay in their homes

Los Angeles – May 29, 2020 – West Angeles Community Development Corporation today announced a $10,000 grant from the Wells Fargo Foundation which will enable the organization to provide homeowners virtual education and counseling services to help clients reduce debt, financial management, prevent foreclosure, and protect their credit.

In response to COVID-19, the Wells Fargo Foundation COVID-19 Housing Counseling Support (HCS) initiative will help national nonprofit housing intermediaries, local housing counselors, and nonprofit housing providers to support housing stability for more than 100,000 renters and homeowners across the U.S. facing financial challenges. Strategies include expanding the capacity of housing counselors to respond to renters and homeowners as well as supporting nonprofits that provide affordable rental homes and services.

“During this unprecedented time, too many people are struggling financially and facing housing instability,” said Dr. Belinda Allen, Executive Director, West Angeles Community Development Corporation. “Wells Fargo has a deep commitment to advance housing affordability solutions by supporting the work of housing counseling organizations as they serve a vital role in helping renters and homeowners facing financial difficulties.”

The grants build upon Wells Fargo Foundation’s $175 million commitment to assist people and communities in response to COVID-19. Since March, more than 300 grants have been […]

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