NeighborhoodLIFT

Wells Fargo NeighborhoodLIFT Program to Create Pathways to Bay Area Homeownership

As the Bay Area grapples with COVID-19 economic recovery, $9.5 million effort helps 350 low- and moderate-income residents
Press Release

SAN FRANCISCO, December 2, 2020 /3BL Media/ - In the Bay Area, more than four in 10 renters pay over 30% of their income on housing.  Additionally, nearly 25% of renters are severely cost-burdened, paying over half of their income on housing, according to the Joint Center for Housing Studies of Harvard University.

Wells Fargo NeighborhoodLIFT Program Helps Narrow Homeownership Gap in Minneapolis and St. Paul

Homeownership initiative expands with $7 million investment in down payment assistance for low- and moderate-income residents
Press Release

MINNEAPOLIS, October 15, 2020 /3BL Media/ – Homeownership rates among people of color in Minneapolis and St. Paul, Minn., demonstrate the highest disparity in the U.S. with a glaring 50% racial equity gap between White and Black homeowners, according to the Urban Institute.

Northern Oregon Homeownership to Get $7.1 Million Boost

NeighborhoodLIFT® program is part of a $1 billion commitment by the Wells Fargo Foundation to address housing affordability
Press Release

PORTLAND, Ore., November 19, 2019 /3BL Media/ - Wells Fargo and Company (NYSE: WFC), NeighborWorks® America, and its network member Portland Housing Center today announced the NeighborhoodLIFT program will expand to the city of Portland and Multnomah County this December. With a $7.1 million philanthropic commitment by the Wells Fargo Foundation, the NeighborhoodLIFT program will create more than 270 homeowners by offering $20,000 down payment assistance grants that require completion of HUD-certified homebuyer education.

Western Pennsylvania Homeownership to Get $3.3 Million Boost

NeighborhoodLIFT® program is part of a $1 billion commitment by the Wells Fargo Foundation to address housing affordability
Press Release

PITTSBURGH, October 29, 2019, /3BL Media/ – Wells Fargo and Company (NYSE: WFC), NeighborWorks® America, and its network members NeighborWorks Western Pennsylvania and Neighborhood Housing Services (NHS) of Greater Berks today announced the NeighborhoodLIFT program will expand to Allegheny County this fall. With a $3.3 million philanthropic commitment by the Wells Fargo Foundation, the NeighborhoodLIFT program will create about 175 homeowners by offering $15,000 down payment assistance grants that require completion of HUD-certified homebuyer education.

Wells Fargo Brings 75th LIFT Homeownership Program to New Jersey

NeighborhoodLIFT® program is part of a $1 billion commitment by Wells Fargo over six years to address U.S. housing affordability
Press Release

NEWARK, N.J., September 13, 2019 /3BL Media/ – Wells Fargo & Company (NYSE:WFC), NeighborWorks® America and its network member New Jersey Community Capital today announced that the 75th LIFT program, designed to boost homeownership, will expand to Essex County, N.J., this fall. With a $5 million philanthropic commitment by the Wells Fargo Foundation, the NeighborhoodLIFT program will create more than 180 Essex County homeowners by offering $20,000 down payment assistance grants that require completion of HUD-certified homebuyer education. 

Homeownership in Dallas-Fort Worth to Get $6.6 Million Boost

NeighborhoodLIFT® offers homebuyers $15,000 grants for home down payments in the city of Dallas and Tarrant County; additional benefits for veterans, military, teachers and first responders
Press Release

DALLAS-FORT WORTH, Texas, August 28, 2019 /3BL Media/ – Wells Fargo & Company (NYSE:WFC), NeighborWorks® America and its network member Business & Community Lenders (BCL) of Texas today announced the NeighborhoodLIFT® program will expand to the Dallas-Fort Worth area to boost local homeownership.

Wells Fargo Donates $300,000 to Greater Orlando for Revitalization Efforts

NeighborhoodLIFT® program awards local initiative grants to four nonprofits, three grants to support the Parramore community
Press Release

ORLANDO, Fla., September 25, 2019 /3BL Media/ – Wells Fargo & Company (NYSE: WFC) today announced $300,000 in donations to four local nonprofits that will help revitalize Orlando neighborhoods through the Wells Fargo NeighborhoodLIFT® program. Three of the grants will focus on strengthening the Parramore neighborhood, and the fourth grant will support affordable housing initiatives in Kissimmee.

Alaska Homeownership to Get $3.3 Million Boost

NeighborhoodLIFT program to offer homebuyer education plus $10,000 down payment assistance grants for Alaska homebuyers; $12,500 grants for veterans, military, teachers and first responders
Press Release

ANCHORAGE, Alaska, Aug. 7, 2019 /3BL Media/ – Wells Fargo & Company (NYSE:WFC), NeighborWorks® America and its network member NeighborWorks Alaska HomeOwnership Center today announced the NeighborhoodLIFT® program will launch for Alaska with a $3.3 million philanthropic commitment by Wells Fargo to boost homeownership.

There’s No Place Like the Home Next Door

When they were kids, siblings Kenneth and Leah Martinez loved their elderly next-door neighbors like extended family. Years later, they are now the proud owners of the house next door, with help from Wells Fargo’s NeighborhoodLIFT® program.
Article

In his teen years, Kenneth Martinez would often drive home after school, pull into his driveway, and see a familiar sight next door: His elderly neighbor, sitting in the shade of an old tree, waving at him.

He’d usually chat with the kindly gentleman, talk about their suburban Los Angeles neighborhood, and share a few laughs. The neighbor and his always-friendly wife were like extended family, and Martinez and his dad often helped them with their household needs.

Wells Fargo Donates $235,000 to Mississippi Nonprofits for Community Revitalization Efforts

NeighborhoodLIFT® program awards local initiative grants to four organizations serving the Hattiesburg and Jackson communities
Press Release

JACKSON, Miss., June 6, 2019 /3BL Media/– Wells Fargo & Company (NYSE: WFC) today announced $235,000 in donations to four local nonprofits that will help revitalize Mississippi neighborhoods through the Wells Fargo NeighborhoodLIFT® program.

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