HAPPY NEW YEAR SOUTHERN DALLAS! WELLS FARGO INVESTS $295,000 IN DALLAS AREA HABITAT FOR HUMANITY’S DREAM DALLAS PROJECT
Wells Fargo today announced a $295,000 investment in Southern Dallas as part of their New Year, New Life celebration. The donation, presented to Dallas Area Habitat for Humanity at Wells Fargo’s banking center located at 2906 East Ledbetter Drive in Southern Dallas, will be used for Dallas Habitat’s signature project, Dream Dallas. Dream Dallas is a $100 million investment in five neighborhoods in Dallas: South Dallas/Fair Park, Bonton, Joppa, the Lancaster Transportation Corridor and West Dallas.
“Wells Fargo knows a good investment when we see one,” said John Gavin, Regional President for Dallas/Fort Worth for Wells Fargo. “We are making this commitment to Dallas Area Habitat for Humanity because we share their dream of revitalizing some of the most in need neighborhoods in Dallas. For this New Year, we wanted to help breathe New Life into Southern Dallas, and Dallas Area Habitat for Humanity has shown they can be trusted to do just that.”
“Great cities have great companies that invest in the communities they serve,” said Bill Hall, CEO of Dallas Area Habitat for Humanity. “Wells Fargo is a great corporate citizen for Dallas, and their investment in Dallas Habitat and Dream Dallas is a ringing endorsement that Southern Dallas is a great place to do business. We know the Wells Fargo investment will help Dallas Habitat revitalize neighborhoods and transform our city.”
About Wells Fargo
Wells Fargo & Company (NYSE: WFC) is a nationwide, diversified, community-based financial services company with $1.3 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 9,000 stores, 12,000 ATMs, the Internet (wellsfargo.com and wachovia.com), and other distribution channels across North America and internationally. In Dallas-Fort Worth, Wells Fargo serves its customers with 199 banking stores, 342 ATMs and 6,025 team members. We want to help all of our customers succeed financially and create long-term economic growth and quality of life for everyone in our communities. In 2010, the Company invested a record $219 million in grants in 19,000 nonprofits, and team members contributed more than 1.3 million volunteer hours around the country.
About Dallas Area Habitat for Humanity
Dallas Area Habitat for Humanity transforms neighborhoods by engaging families and community partners in creating affordable housing. Dallas Area Habitat’s vision is that all individuals and families live in thriving neighborhoods where hopes and dreams are realized for generations to come because poverty housing is socially, politically and spiritually unacceptable. Since 1986, Dallas Habitat has served over 1,000 low-income families using homeownership as an anchor for hope, change, and fellowship resulting in an investment of approximately $95 million in more than 20 neighborhoods of Dallas County that adds over $2 million annually to Dallas County tax rolls. Dallas Area Habitat is the largest builder of single-family homes in the City of Dallas. For more information visit www.dallas-habitat.org.