Community First Fund Receives Grant From Wells Fargo Foundation
Lancaster, PA (November 28, 2017) – Community First Fund, a nonprofit Community Development Financial Institution (CDFI) headquartered in Lancaster, PA, was recently awarded a $15,000 grant from the Wells Fargo Foundation. This funding will be used to support the organization’s Small Cities Revitalization Strategy, which helps provide technical assistance and lending activities in cities throughout the 15-county region Community First Fund serves.
This grant will allow Community First Fund to support the start-up and expansion of existing businesses, redevelopment of blighted and vacant properties, development of affordable housing units, and support of nonprofit organizations and vital community services in cities such as Allentown, Bethlehem, Harrisburg, Lancaster, Lebanon, Reading and York.
Community First Fund has a long-standing partnership with Wells Fargo, including recently being a participant of the Wells Fargo Diverse Community Capital program, which provides grant capital and loan capital for CDFIs across the country. Wells Fargo has also funded the Small Cities Revitalization Strategy efforts in the past, having supported the initiative for several years.
“We are thrilled to continue working alongside Wells Fargo to improve our communities,” says Dan Betancourt, President and CEO of Community First Fund. “This $15,000 grant will allow us to continue supporting low-income individuals and communities in cities throughout our region by providing them with much-needed access to loan capital and technical assistance.”
Representatives from Wells Fargo stopped by the Community First Fund office to present the grant check. Pictured from left to right: Michael Shultz, Sales Manager, Wells Fargo Home Mortgage; Franco Mazza, Lancaster District Manager, Wells Fargo Bank; Rachel Weidensaul, Business Development Officer, Wells Fargo Bank; Marybeth Snyder, Financial Advisor, Wells Fargo Bank; Joan Brodhead, Chief Operations Officer, Community First Fund; Scott Kuhn, Private Mortgage Banking Manager, Wells Fargo Home Mortgage; Keith Bookert, Vice President, Finance & Administration, Community First Fund; Patrick Curran, Area Manager Greater PA, Wells Fargo Home Mortgage; Laura Haffner, Regional President, Wells Fargo Bank.
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