Homebuyers who are on the fence may soon find reason to buy a house. Wells Fargo recently made headlines by announcing plans to launch “Neighborhood LIFT”.
According to a Krista Franks DSNews article, “The bank established a goal of lending $10.5 billion to Los Angeles homebuyers and $1.3 billion to Atlanta buyers. In addition, Wells Fargo designated $15 million to assist homeowners with down payments in Los Angeles and $8 million in Atlanta.”
Launch plans call for two-day events to “bring important resources and information to prospective homebuyers” according to Franks.
DS News indicated that the Los Angeles event is set for “February 3 and 4.” The Atlanta launch is scheduled for “February 10 and 11.”
Important details for consumers, real estate professionals and non-profit organizations can be found at NeighborhoodLift.com.
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