Wells Fargo brings NeighborhoodLIFT program to Orlando to help local housing market recover
$7 million effort includes homebuyer support, education, affordable home tours, and opportunity to qualify for up to $15,000 in down payment assistance to purchase an Orlando home
  • Includes $200 million in mortgage loans for Orlando homebuyers as part of $1.75 billion goal over five years in Tampa, Miami, Orlando, and Jacksonville
  • Offers Orlando homebuyers the opportunity to attend a July 13-14 event at the Orange County Convention Center where they can apply for down payment assistance grants and participate in homebuyer support programs
  • At the event, NeighborWorks America and its local affiliates will determine income eligibility and help qualified prospective homeowners reserve down payment assistance grants of up to $15,000 per homebuyer in the City of Orlando
  • Following Orlando, NeighborhoodLIFTSM will be held in Jacksonville to build on company’s ‘Home Preservation Workshops,’ Wells Fargo’s signature, city-by-city effort focused on helping homeowners avoid foreclosure
  • NeighborhoodLIFTSM events in Miami, Atlanta, Houston, Las Vegas, Los Angeles and Phoenix have helped 1,662 potential homebuyers qualify for down payment assistance reservations totaling up to $31 million

ORLANDO — June 21, 2012