Wells Fargo commits $1.6 billion to help revitalize Washington, D.C.

Aiming to aid in the revitalization of the nation’s capital, Wells Fargo announced Tuesday that it is committing more than $1.6 billion in lending and philanthropy in Washington, D.C., over five years. Through the program, Wells Fargo will triple its community giving and "concentrate resources on the biggest needs identified by community leaders," including affordable housing, small businesses, and job skills.