August 29, 2017
From Wells Fargo Regional Foundation to Implement The Good Lands 2025 Neighborhood Development Plan
Philadelphia, PA. – August 10, 2017 – The Wells Fargo Regional Foundation (WFRF) awarded HACE $750,000 in grant funding over five years to HACE, formerly known as Hispanic Association of Contractors & Enterprises, for the implementation of The Good Lands 2025 Neighborhood Development Plan for the Fairhill and St. Hugh Neighborhoods in Eastern North Philadelphia. The announcement was made at Somerset Villas, located at 200 E. Somerset Street, HACE’s first affordable housing development for seniors—adjacent to the Gurney Street/Conrail viaduct in the Fairhill Neighborhood. Attendants at the announcement included Mayor James F. Kenney and Denise McGregor-Armbrister, Executive Director of the Wells Fargo Regional Foundation.
HACE completed The Good Lands 2025 Neighborhood Development Plan in 2015 with support from the Wells Fargo Regional Foundation. The plan was developed with support and feedback from community residents, local organizations, and civic leaders to identify community needs, ranking them in terms of their priority, assess available resources within the community to meet the needs, and identify new private and public investments that can bridge the gap between the needs and what the community can accomplish on its own. The new multi-year grant award will support economic development initiatives, affordable rental housing, provision of social services for older adults and resident engagement through the creation of a Livability Academy.
“We thank the staff and the Board of the Wells Fargo Regional Foundation for this award and we look forward to working with residents and organizations of this community to realize many of the initiatives outlined in the plan and leveraging additional private and public support to continue in the transformation of these neighborhoods, said Maria N. Gonzalez, President of HACE.”
“HACE has been a long time leader in the revitalization of the Fairhill and St. Hugh Neighborhoods,” said Denise McGregor Armbrister, Executive Director of the Wells Fargo Regional Foundation. “We are excited to continue our partnership with them as they implement the residents’ vision for the future.”
About Wells Fargo Regional Foundation
The Wells Fargo Regional Foundation established in 1998, is a grant making body with the primary mission to support the revitalization of communities located in New Jersey, Delaware, and eastern Pennsylvania. Since its inception, the Foundation has awarded over $80 million in grants to support the revitalization of over 50 neighborhoods throughout the region. For additional information on the Foundation, please visit the website at https://www.wellsfargo.com/about/corporate-responsibility/community-giving/regional-foundation/
HACE is a non-profit 501(c)(3) community development corporation founded in 1982 with a mission is to combat community deterioration through economic development initiatives that addresses commercial revitalization, employment opportunities, the creation of safe affordable housing, and the provision of support services to meet the needs of community residents towards rebuilding the neighborhood’s economic base. We focus on the possible and work to restore our primary neighborhood so that residents will benefit from sound investments while improving their quality of life. For additional information on HACE, please visit the website at https://www.hacecdc.org