Banking giant Wells Fargo is investing $6 million in six nonprofit organizations in west Charlotte.
Officials from the bank and local grant recipients gathered Tuesday afternoon at Johnson C. Smith University to announce the funding, which will support workforce training, housing access and affordability initiatives.
Among the recipients is the West Boulevard Neighborhood Coalition, which is working to address food insecurity. The funding will help advance the long-planned Three Sisters Market, a full-service grocery store on West Boulevard.
Charlotte Mayor Vi Lyles said the investment could have a lasting impact on the community.
"It will be something special all the way along and around," Lyles said. "You're going to lift up families. You're going to build stronger communities, and you're going to make everyone who helped to make this happen say thank you."
Other organizations receiving funding include Freedom Communities, Lakeview Neighborhood Alliance, Code Path, the CLT Alliance Foundation and Aspire Community Capital.
