Attorney General Madigan, U.S. Department of Justice join Wells Fargo in announcing CityLIFTSM , program offering $8.2 million to support Chicago’s housing recovery
  • CityLIFTSM program results from a recent fair lending settlement between Wells Fargo, the U.S. Department of Justice and the Illinois Attorney General’s office; program offers down payment assistance grants and free homebuyer education programs to prospective homebuyers in Chicago, 30 Cook County suburbs
  • Launches October 26-27 at McCormick Place; homebuyers who pre-qualify for mortgage financing will have an opportunity to qualify for grants of $15,000 that can go toward the down payment on a purchase of a Chicago-area home
  • Non-profit partners assisting in implementingCityLIFTSM include NeighborWorks America, Neighborhood Housing Services of Chicago

CHICAGO — October 3, 2012