Wells Fargo, T.D. Jakes Foundation Grant $1.5M to Paul Quinn College for Major Housing Expansion | WFC Stock News
Summary
"This is so much more than a traditional real estate project or campus housing development-its a statement about what higher education can be for all of us - those who attend our schools and those who do not," said Dr. Michael J. Sorrell, President of Paul Quinn College. "We are proud to support Paul Quinn College in their mission to create a transformative and sustainable campus environment that addresses critical needs like housing, transportation, and food security for students," said Kelley Cornish, CEO and President, T.D. "Having access to reliable, quality housing is an essential element for students so they can earn a degree, certification or improve their income and options long-term," said Kristy Fercho, head of Diverse Segments, Representation and Inclusion at Wells Fargo. Jakes Foundation and Paul Quinn College on the vision for a new mixed-use development supports our broader commitment to providing increased access to quality, affordable housing for individuals historically underserved in the market. The Wells Fargo Foundation donated o help create scholarships for the schools Corporate Work Program, which provides workforce opportunities that allow students to develop the needed skills, habits, and experience to be competitive in the job market postgraduation while contributing toward the cost of their education.