Wells Fargo brings NeighborhoodLIFTSM program to Sacramento to help local housing market
$7 million effort includes homebuyer support, education, affordable home tours and opportunity to qualify for $15,000 in down payment assistance to purchase a home
  • Offers Sacramento homebuyers the opportunity to attend a Nov. 16 - 17 event where they can apply for down payment assistance grants and participate in homebuyer support programs
  • At the event, NeighborWorks America and its local affiliate will determine income eligibility and help qualified prospective homeowners reserve down payment assistance grants of $15,000 per homebuyer in the city of Sacramento
  • Includes five-year lending goal of $1 billion in mortgage loans in Sacramento
  • NeighborhoodLIFTSM events in Atlanta, Houston, Jacksonville, Las Vegas, Los Angeles, Miami, Minneapolis, Orlando, Phoenix, and Tampa have helped create 478 new homeowners through NeighborhoodLIFTSM Down Payment Assistance, with another 321 potential new homeowners in process of closing on a home

Sacramento — October 23, 2012