Philadelphia is one of 20 cities that will benefit from a total of $170 million Wells Fargo has committed through its LIFTSM
programs (including NeighborhoodLIFTSM
) to support sustainable housing in cities affected by the economic downturn.
potential homebuyers can find out if they qualify for the down payment assistance program and reserve funds – up to $15,000 – for 60 days for home purchases
is based on Wells Fargo’s NeighborhoodLIFTSM
program, which is currently active in Atlanta, Houston, Jacksonville, Las Vegas, Los Angeles, Miami, Minneapolis/St. Paul, Orlando, Phoenix, and Tampa. The NeighborhoodLIFTSM
program is a collaboration between Wells Fargo Bank, N.A., the Wells Fargo Foundation, NeighborWorks America, an independent non-profit organization, and local non-profit organizations. Wells Fargo’s LIFTSM
programs have helped create 263 new homeowners to date, with another 244 potential new homeowners in process of closing on a home.