West Sacramento, Calif. — Wells Fargo, in partnership with The John D. and Catherine T. MacArthur Foundation, and Opportunity Finance Network selected Rural Community Assistance Corporation (RCAC) as a finalist for the 2014 Wells Fargo NEXT Awards for Opportunity Finance: The Future of Housing Finance.

Wells Fargo is committed to investing philanthropic dollars into rural communities throughout Alaska, California, Oregon and Washington. The Rural Investment for Sustainable Economies (RISE) is a grant to support rural nonprofits focused on job creation and workforce, economic and community development (excluding housing initiatives) within a competitive application process.