Urban Edge to Receive Funding from Wells Fargo Grant to Support Homeownership Programming
Funds from Wells Fargo will serve to support programs for low-and-moderate-income families
(Boston, MA) – Urban Edge announced today it was awarded a $30,000 grant from The Wells
Fargo Housing Foundation to support the organizations’ wealth-building programs for low and
moderate income (LMI) families. Urban Edge, a nonprofit community development organization
based in Roxbury, is dedicated to strengthening communities through the creation of and
advocacy for affordable housing.
Urban Edge not only builds affordable housing but offers programming on topics related to
homeowner services, finance, and tax assistance to support LMI households. This programing
includes courses such as Credit Counseling Boot Camp, and Family Self-Sufficiency program.
One of the largest programs offered, First-Time Home Buying 101, provides prospective
homebuyers the knowledge they need to secure the right home and best loan. Since 2006
Urban Edge has also been providing foreclosure prevention counseling to homeowners at risk
from 15 Boston neighborhoods and 60 other Massachusetts cities and towns.
“It is an honor to be a recipient of the Wells Fargo Housing Foundation Grant and we thank
Wells Fargo for continuing to support critical programming within our communities,” said Emilio
Dorcely, CEO of Urban Edge. “In order to create a vibrant and thriving city, we must ensure that
everyone, including those traditionally left out of conversations concerning economic mobility,
has the opportunity and knowledge available to them to build wealth. This grant will ensure that
our team is able to continue providing these vital programs.”
The programming created and offered by Urban Edge support LMI individuals and families
interested in building wealth through first time homeownership purchase, improve their credit,
avoid foreclosure, and increase their income and savings.
About Urban Edge
Urban Edge, a 501c(3) nonprofit corporation, is a national leader in the community development
field, known for innovation and excellence. With its heart in Egleston and Jackson Squares, a
vibrant, inclusive, and culturally and economically diverse area of Boston, UE works with others
across the City of Boston and region to promote high quality, sustainable and affordable
communities. Public, private, and non-profit entities turn to Urban Edge for its advice and
expertise, and as a partner in undertaking complex and transformative urban projects. To learn
more about Urban Edge please go to the following link: https://www.urbanedge.org/
About Wells Fargo
Wells Fargo & Company (NYSE: WFC) is a leading financial services company that has
approximately $1.9 trillion in assets. We provide a diversified set of banking, investment and
mortgage products and services, as well as consumer and commercial finance, through our four
reportable operating segments: Consumer Banking and Lending, Commercial Banking,
Corporate and Investment Banking, and Wealth & Investment Management. Wells Fargo ranked
No. 34 on Fortune’s 2024 rankings of America’s largest corporations. In the communities we
serve, the company focuses its social impact on building a sustainable, inclusive future for all by
supporting housing affordability, small business growth, financial health, and a lowcarbon
economy. News, insights, and perspectives from Wells Fargo at: www.wellsfargo.com
