July 2006

Media Contacts: Julie Campbell, Wells Fargo (916) 440-4588 campbeju@wellsfargo.com
Chris Davis, Peoples’ Self-Help Housing, (805) 687-3322 cd@surfmedia.com

Wells Fargo Volunteers Roll up their Sleeves
for Peoples' Self-Help Housing

Santa Barbara, CA, July 25, 2006—Wells Fargo team members will volunteer to work at Peoples’ Self-Help Housing (PSHH) affordable rental housing sites beginning at the Ellwood Apartments in Goleta on July 26. Volunteers, as part of the Wells Fargo Housing Foundation Team Member Volunteer Program, will work a total of 7 days in both July and August, and their efforts will raise $17,500 for PSHH.

Wells Fargo Housing Foundation Focus Communities Initiative also recently launched a matching “Challenge Grant” of $50,000 for PSHH. The “Challenge Grant”, running from May 15th to November 15th, is being made through the Focus Communities program, which develops affordable home ownership opportunities. The Wells Fargo Housing Foundation designed the Focus Communities program to help local housing organizations. In turn, this reduces an organization’s dependency on the decreasing pool of government funds.

“We will continue to support the work of Peoples’ Self-Help Housing—Our staff also feels personally connected to the work through their volunteerism and the efforts that each branch makes to help raise money for this worthy organization. This challenge grant is another way to get the business community involved in making affordable housing available,” said Erica Huntzinger, Market President for Santa Maria.

“Once again the leadership and staff of Wells Fargo have stepped forward to actively support affordable housing on the Central Coast. We are deeply appreciative of their commitment and active participation,” said Jeanette Duncan, Peoples’ Self-Help Housing Executive Director.

--Media Advisory--

What: Wells Fargo team members volunteer at Ellwood Apartments

When: July 26, 1-5 pm

Where: Ellwood Apartments, 360 Elwood Beach Drive, Goleta

Peoples' Self-Help Housing is an award winning non-profit organization with 36 years of experience developing affordable housing and community facilities for low-income and special needs households. With over 1000 ownership homes completed and over 1200 rental units developed, PSHH continues to strengthen its reputation and leadership position as the premiere affordable housing and community developer on the Central Coast. PSHH is committed to developing vibrant neighborhoods, building attractive, high quality housing and to providing innovative community services, so their residents have every possible opportunity to succeed in life. www.pshhc.org

Wells Fargo & Company is a diversified financial services company with $500 billion in assets, providing banking, insurance, investments, mortgage and consumer finance to more than 23 million customers from more than 6,200 stores and the internet (wellsfargo.com) across North America and elsewhere internationally. Wells Fargo Bank, N.A. is the only bank in the United States to receive the highest possible credit rating, “Aaa,” from Moody’s Investors Service.