Wells Fargo awards $100,000 grant to RurAL CAP for its Safe Harbor affordable housing development
Helps project Add 23 residential apartments
Wells Fargo awards $100,000 grant to RurAL CAP for its Safe Harbor affordable housing development. Wells Fargo’s Joe Everhart (Alaska Regional President), Judith Crotty (Alaska Community Development Manager) and Dana Rogers (Alaska Community Affairs Officer) presented the check at the RurAL CAP Board of Directors meeting. Left-right: David Hardenbergh (Executive Director), Leslie Shallcross, Betty Svensson, Steve Morris, Joe Everhart, Matthew Anderson, Zenia Borenin, Dr. Jeane Breinig, Jacqueline Dailey (Board President), Marvin Adams, Judith Crotty, Dana Rogers, Percy Ballot, Nancy James, Nikole Nelson, Doreen Leavitt and Sam Kito, III.
Photo courtesy of RurAL CAP
[Anchorage– October 14, 2015] – Wells Fargo & Company will donate $100,000 to RurAL CAP for its Safe Harbor affordable housing development as part of the 2015 Wells Fargo Housing Foundation Priority Markets Program to help stabilize and revitalize neighborhoods across the U.S. RurAL CAP is the first Alaska organization to receive Priority Markets grant funding.
The Safe Harbor Muldoon capital project will result in the addition of 23 residential apartments to its existing complex in East Anchorage. This addresses a pressing need to increase safe, affordable housing opportunities for people making 60 percent or less area median income in Anchorage. Through the Priority Markets Program, the Wells Fargo Housing Foundation joins the Municipality of Anchorage in providing financial support to this new housing development.
“Wells Fargo is pleased to support RurAL CAP as they work to help provide much-needed affordable housing in Anchorage,” said Judith Crotty, Wells Fargo Community Development Manager for Alaska. “The Priority Markets Program has been a catalyst for bringing together local housing leaders to improve communities and change lives, home by home and neighborhood by neighborhood.”
Since 2009, Wells Fargo’s Priority Markets grant program has provided more than $36 million to 100 communities.
Safe Harbor Muldoon is the first Alaska building to be accepted into a green design certification process called the Living Building Challenge. RurAL CAP is working with McCool Carlson Green, an architecture and engineering firm, to design affordable housing units that meet the criteria of the Living Building Challenge – energy efficient units, resulting in reduced utility costs, and a healthy, positive living environment for tenants.
The Rural Alaska Community Action Program, Inc. (RurAL CAP), founded in 1965, is a private, statewide, nonprofit organization working to improve the quality of life for low-income Alaskans.