Wells Fargo has invested a total of $458,600 in San Diego through its UrbanLIFT Community Grant Program to help with neighborhood improvement projects.
Community HousingWorks (CHW) has been awarded $163,955, and National Community Renaissance will receive $294,645.
“These grants will help advance community stabilization in cities that were significantly impacted by the housing downturn,” said Ernesto Arredondo, Wells Fargo San Diego Area president.
CHW will work with San Diego Canyonlands to use the $163,955 grant to support a neighborhood revitalization effort in San Diego.
CHW will make site improvements to Bandar Salaam, a 68-unit affordable housing community in City Heights, according to supporters.
The improvements include replacing damaged areas, re-sealing and restriping the entire parking lot. Additional lighting will be installed along Winona Avenue.
A community monument and additional landscaping will be installed at the entryway to eliminate the blight, improve curb appeal and create a welcoming entrance.
San Diego Canyonlands will make improvements to Fox Canyon (Auburn Creek) to make it safer and more accessible to the public.
Improvements include creek restoration and stabilization in two areas, landscaping with drought tolerant native plants and trees for sustainability.
The work will incorporate canyon trail modification to create access through the right-of-way.
Thorough weed and trash abatement will clean up the canyon, and a community-envisioned mural on a graffiti-covered retaining wall will eliminate blight and create art, officials said.
“CHW is so thrilled at the opportunity to be able to bring this kind of community revitalization into an area of City Heights that we have been working in for decades," said Sue Reynolds, chief executive officer of Community HousingWorks. "Hundreds of kids routinely take the shortcut path across this canyon walking to and from school, and it’s unsafe and [not] beautiful. With Wells Fargo’s generous support, together we can eliminate hazards and beautify the community.”
National Community Renaissance will use the grant funds for the construction of the Kay Parker Family Resource Center at the affordable 288-unit Mission Cove Apartments in Oceanside.
Plans also include a retail shopping plaza, community center, garden area, walking paths, "tot lots" and open space. The site is 14.5 acres.
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Jan. 13, 2015 -- George Chamberlin sits down with John Manley, chief equity strategist for Wells Fargo Funds Management, and James Kochan, chief fixed income strategist for Wells Fargo, to discuss how the stock market, interest rates and other financial matters fared in 2014.
July 30, 2014 -- George Chamberlin and Tom Wornham, chairman of the San Diego County Water Authority, discuss the drought and water restrictions.
June 17, 2013 -- George Chamberlin speaks with Steven Bernstein, senior vice president of the greater San Diego area for Wells Fargo Bank, about how the economy has improved and lending has picked up.