Wells Fargo Foundation invests $75,000 in Stable Steady Strong

The Polk County Housing Trust Fund today announced a $75,000 grant from the Wells Fargo Foundation.

The grant will be used for the Polk County Housing Trust Fund’s Stable Steady Strong initiative, which makes grants to local nonprofits that help people and families find safe, affordable housing. This year, 15 local not-for-profit organizations are providing services partially funded by Stable Steady Strong.

“Wells Fargo’s commitment to supporting housing stability for all our neighbors is commendable and its leadership is vitally important to galvanizing the region’s action to ensure every person and family has stable housing,” said Toby O’Berry, executive director of the Polk County Housing Trust Fund. “We are grateful for their support and partnership in helping people and families reach their goals and thrive,” he said.

For the year ending June 30, nonprofit programs funded through Stable Steady Strong helped 1,787 local households, including 500 who were homeless prior to entering the program. According to the National Low Income Housing Coalition, Polk County currently needs an additional 11,635 rental housing units that are both affordable and available to extremely low-income renter households.

“Everyone should have a quality, affordable place to call home,” said Laura Howe, Iowa branch banking region executive, Wells Fargo. “As The Bank of Doing, Wells Fargo is working to increase access to housing in central Iowa for individuals historically shut out of the market.”

For more information, including how to support Stable Steady Strong visit pchtf.org/stablesteadystrong.