U.S. Conference of Mayors, Wells Fargo Announce 2016 CommunityWINS Grant Program

$3 million, three-year program supports 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 2016 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 great program in 2016 after a
successful launch last year,” said U.S. Conference of Mayors CEO and
Executive Director Tom Cochran. “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 2016.”

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 found 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 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 18,
2016.

With the inaugural
CommunityWINS grant program in 2015, grants were presented to six
nonprofits including Civic Works, Inc. (Baltimore), Arkansas Lighthouse
for the Blind (Little Rock, Ark.), West Sacramento Foundation (West
Sacramento, Calif.), Newark Community Economic Development Corporation
(Newark, N.J.), NeighborWorks Green Bay (Green Bay, Wisc.), and
Lima-Allen County Neighborhoods in Partnership (Lima, Ohio).

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 $1.8 trillion in assets. Founded in 1852
and headquartered in San Francisco, Wells Fargo provides banking,
insurance, investments, mortgage, and consumer and commercial finance
through 8,700 locations, 12,800 ATMs, the internet (wellsfargo.com) and
mobile banking, and has offices in 36 countries to support customers who
conduct business in the global economy. With approximately 265,000 team
members, Wells Fargo serves one in three households in the United
States. Wells Fargo & Company was ranked No. 30 on Fortune’s 2015
rankings of America’s largest corporations. Wells Fargo’s vision is to
satisfy our customers’ financial needs and help them succeed
financially. Wells Fargo perspectives are also available at Wells
Fargo Blogs and 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