Las Vegas Named Fourth City to Host Wells Fargo’s ‘NeighborhoodLIFT’ Program in Support of Stabilizing Housing Markets
  • Includes five-year goal of $1 billion in mortgage loans for Las Vegas homebuyers
  • Offers Las Vegas homebuyers the opportunity to attend a May 4-5 event at the Riviera Hotel & Casino Convention Center where they can apply for Wells Fargo-funded down payment assistance grants and homebuyer support programs totaling $9 million in 2012 for sustainable homeownership initiatives
  • At the event, NeighborWorks America and its Las Vegas affiliate will process applications for down payment assistance grants of up to $15,000 per homebuyer in the city of Las Vegas through the Wells Fargo Foundation
  • Las Vegas event follows February and March NeighborhoodLIFTSM events in Los Angeles, Atlanta, and Phoenix and builds on company’s ‘Home Preservation Workshops,’ Wells Fargo’s signature, city-by-city effort focused on helping homeowners avoid foreclosure
  • NeighborhoodLIFTSM events in Los Angeles, Atlanta and Phoenix have helped more than 893 potential homebuyers qualify for down payment assistance reservations totaling up to $20 million

LAS VEGAS — April 16, 2012