Homeownership in Washington, D.C., Maryland and Prince George County will get a boost as Wells Fargo Company, NeighborWorks America, MANNA, and Community Housing Partners have jointly announced the launch of NeighborhoodLIFT program with a $7.1 million financial commitment.
Since 2012, Wells Fargo has conducted 67 LIFT program events in America, creating about 20,000 homeowners, according to the company data.
“NeighborhoodLIFT is part of Wells Fargo’s Where We Live program — a new, five-year, $1.6 billion commitment to lending and philanthropy in Washington, D.C.,” said John Allen, Wells Fargo’s region president in Washington.
“The program will help hardworking families and individuals get on the path to achieve successful and sustainable homeownership. It’s one more way Wells Fargo is improving lives and strengthening communities,” he added.
According to Donald Phoenix, NeighborWorks America regional vice-president, the innovative public-private collaboration will create 270 more homeowners in Washington, D.C., and Prince George’s County.
.@WellsFargo NeighborhoodLIFT® program has created nearly 20,000 homeowners through 67 LIFT program launches in support of #sustainablehousing since 2012 https://t.co/1z7BMuMyEB pic.twitter.com/IHjVCMB4Lk
— 3BL Media (@3BLMedia) February 4, 2019
“The required homebuyer education classes provided by certified professionals better prepare NeighborhoodLIFT homebuyers to achieve their goal of sustainable homeownership,” said Phoenix.
Rev. Jim Dickerson, the founder and chief executive officer of MANNA, said the NeighborhoodLIFT program will educate homebuyers and also provide down payment assistance to help families become homeowners.
“We are excited to team up with Wells Fargo, NeighborWorks America and Community Housing Partners to make this opportunity available for so many deserving families,” said Dickerson.
A free event has been scheduled to take place in Washington, D.C. on February 22-23. Registration opens on February 4. You can register at www.wellsfargo.com/lift for attending the event at the Washington Hilton (1919 Connecticut Ave NW, Washington, D.C. 20009).