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LIFT™ Programs Create Homeownership Opportunities and Stabilize Neighborhoods

An initiative from NeighborWorks America and the Wells Fargo Housing Foundation


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"This is a tremendous commitment by Wells Fargo to support homeowners and communities. This is the kind of public-private collaboration that can help communities tackle difficult challenges and families realize their goal of sustainable home ownership.”
-Eileen Fitzgerald, CEO of NeighborWorks America

Since early this year NeighborWorks America has partnered with the Wells Fargo Foundation and local nonprofit organizations on LIFT™ programs in more than 10 cities. Through NeighborhoodLIFT™ and CityLIFT™ , Wells Fargo has committed $170 million to support sustainable housing in cities affected by the economic downturn. The LIFT™ programs offer:

  • Down payment assistance for qualified buyers
  • Financial education to help buyers prepare for homeownership
  • Events to showcase area homes for sale

How It Works

The Wells Fargo Foundation provides grants for downpayment assistance through NeighborWorks America to local NeighborWorks organizations and/or nonprofits. At the two-day launch event in each city, potential homebuyers can find out if they qualify for the down payment assistance program. Also at the event, the local nonprofits enroll homebuyers in required pre-purchase education and homebuyers have the opportunity to tour available neighborhood properties.

Currently, the LIFT™ programs are in the following cities, supported by help from our local partners:

City Local Partners Type of Program
Los Angeles Los Angeles Neighborhood Housing Services
 NeighborhoodLIFT
Atlanta NeighborWorks Columbus
Invest Atlanta
Resources for Residents in Communities (RRC)		 NeighborhoodLIFT
Phoenix Neighborhood Housing Services of Phoenix
 NeighborhoodLIFT
Las Vegas Neighborhood Housing Services of Southern Nevada NeighborhoodLIFT
Houston Avenue CDC
Fifth Ward CRC
Tejano Center for Community Concerns
 NeighborhoodLIFT
Miami Neighborhood Housing Services of South Florida NeighborhoodLIFT
Tampa Tampa Bay CDC
CDC of Tampa
Housing Partnership, Inc.
NeighborhoodLIFT
Orlando In Charge Debt Solutions
HANDS of Central Florida
Housing Partnership, Inc. 		NeighborhoodLIFT
Jacksonville Family Foundations
Wealth Watchers, Inc.
Housing Partnership, Inc. 		NeighborhoodLIFT
Minneapolis &
St. Paul		 Neighborhood Housing Services of Minneapolis
Community Neighborhood Housing Services		 NeighborhoodLIFT
Philadelphia

New Kensington CDC
Neighborhood Housing Services of Greater Berks

CityLIFT
Washington, D.C./
Prince Georges County		 Manna, Inc. CityLIFT
Chicago

Neighborhood Housing Services of Chicago

 CityLIFT
Sacramento

NeighborWorks HomeOwnership Center Sacramento Region

 NeighborhoodLIFT
Oakland The Unity Council CityLIFT

Baltimore
Neighborhood Housing Services of Baltimore
CityLIFT

 

Check out our Flickr photo albums and the Wells Fargo YouTube video to learn more.

LIFT™ programs are a collaborative effort between Wells Fargo, the Wells Fargo Foundation, local nonprofits and NeighborWorks America.

For more information about LIFT, please contact projectLIFT [at] nw.org or (202) 220-7072.
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