North Dakota Community Development Investment Results
Investments
Total # of Investments: 8
Total $ amount of Investments: $7,600,000
North Dakota Service Highlights
Small Business Classes - Wells Fargo team members throughout North Dakota regularly teach a "Financing Small Business Enterprises" class to small business owners. Classes include entrepreneurship training to small business owners and potential owners in low- and moderate-income communities.
Consumer Credit Counseling - Wells Fargo offers site-based, one-on-one consumer credit counseling services in bank stores located in low- and moderate-income communities in North Dakota.
North Dakota Investment Highlights
Park Century Apartments - In 2001, Wells Fargo invested $1 million to help finance a 60-unit multifamily housing complex for low- and moderate-income families in the City of Bismarck. At least 20% of the 60 units must have restricted rents affordable to households earning no more than 50% of the area median income and at least 40% of the 60 units must have restricted rents affordable to households earning no more than 60% of the area median income.