SAN FRANCISCO and WASHINGTON, DC, November 6, 2014 /3BL Media/ — Wells Fargo & Company (NYSE: WFC), America’s largest home lender, and NeighborWorks America, a national nonprofit organization which creates opportunities for people to live in affordable homes, together announced more than 8,000 low-to-moderate income families and individuals are now homeowners with the help of LIFT programs.
First launched in February 2012 in Los Angeles and Atlanta, LIFT programs offer $15,000 in down payment assistance grants to eligible, mortgage-ready homebuyers who meet program criteria. In total, the program has invested $220 million in down-payment assistance, community grants and support for 30 housing markets across the country that were deeply impacted by the housing downturn.
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