Boston Business Journal

San Francisco-based Wells Fargo & Co. on Monday announced $6 million in neighborhood revitalization donations with 69 grants to nonprofits, including two in Boston. “Wells Fargo (NYSE: WFC) is pleased to support these nonprofits that are leading efforts to revitalize and position neighborhoods for long-term success,” said Martin Sundquist, executive director of the Wells Fargo Housing Foundation in a statement. “The Priority Markets Program is one of thousands of ways we work together with nonprofits to support local communities.”

The two Boston nonprofits are the Crittenton Women’s Union, which helps low-income women, and Friends of Boston’s Homeless.

The 2015 Wells Fargo Housing Foundation Priority Markets Program provides grants for neighborhood stabilization projects to stimulate growth, stability and investment in distressed areas, according to the bank. Since 2009, the program has provided grants totaling more than $36 million for nonprofits in 125 U.S. communities.

By David L. Harris