Friday, December 15th, 2017

Community Connections receives $50,000

Posted: Tuesday, December 20, 2011

Pathfinder Community Connections received a grant for $50,000 on Monday from Wells Fargo Bank during a presentation at a property rehabilitated by Community Connections located at 446 East Creighton Avenue in Fort Wayne. The grant was made available through Wells Fargo’s Leading the Way Home Priority Markets Initiative to help stabilize and revitalize neighborhoods.

Wells Fargo’s Leading the Way Home Priority Markets Initiative provides grant support for neighborhood stabilization projects that are located in areas designated for revitalization to stimulate growth, stability and investment in distressed areas.  The $50,000 grant to Pathfinder Community Connections is part of $5.53 million in grants recently awarded for 52 non-profits and government entities with successful histories of building or renovating housing for low-to moderate-income homebuyers.  The Wells Fargo Housing Foundation has stewarded more than $82 million and 4.5 million team member volunteer hours in support of creating affordable housing and community revitalization programs.

The $50,000 grant was presented by Alan Gunkel, Wells Fargo principal business banker and priority markets committee chair, and Mary Bell, Wells Fargo regional president for Indiana and Ohio to John Niederman, president of Pathfinder Services, John Mignone, chairman of the Pathfinder Services board of directors, Trish Feightner, Fort Wayne manager for Pathfinder Community Connections and Jeff Teusch, rural development sales manager for Pathfinder Community Connections. Rebecca Karcher, Fort Wayne, Mayor Tom Henry’s director of public information and Chris Lepper, project manager, city of Fort Wayne Community Development was also on hand at the event.

“We are extremely grateful for this grant from Wells Fargo Bank to allow us to revitalize and stabilize neighborhoods through appreciating property values in targeted Fort Wayne neighborhoods,” stated Jan Baumgartner, director of Pathfinder Community Connections. “These grant dollars will allow for Pathfinder Community Connections to assist families purchasing a home in the LaRez, Renaissance Pointe, and 46807 zip code neighborhoods in Fort Wayne. Additionally, grant dollars will allow for an increase in neighborhood home ownership and property investment through green real estate development, an increase in potential home buyers through effective credit rebuilding, and home buyer education for potential home owners,” Baumgartner concluded.

“Wells Fargo Bank has a long-standing relationship with Pathfinder Community Connections, and we’re proud to support their property revitalization and homeowner education efforts,” said Mary E. Bell, regional president for Wells Fargo in Indiana and Ohio.  “In a challenging economy, grants like this one are essential to help strengthen our Fort Wayne neighborhoods.”