Mississippi Homeownership to Get $2.75 Million Boost

Wells Fargo & Company (NYSE:WFC), NeighborWorks America and its network member, Hope Enterprise Corporation (HOPE), today announced the NeighborhoodLIFT program will launch for all 82 counties in the state of Mississippi with a $2.75 million commitment by Wells Fargo to boost homeownership.

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Governor Phil Bryant today joined Wells Fargo, NeighborWorks America, and Hope Enterprise Corporation to announce the NeighborhoodLIFT program for the state of Mississippi that will offer homebuyer education and down payment assistance grants as a result of a $2.75 million commitment by Wells Fargo. NeighborhoodLIFT for Mississippi is the 64th LIFT program launch that has created more than 18,600 homeowners since 2012 representing lower- and moderate-income households. (Graphic: Business Wire)

“This commitment by Wells Fargo to expand NeighborhoodLIFT to the state of Mississippi will make a meaningful difference for many families,” said Mississippi Gov. Phil Bryant. “More Mississippians will live the American dream of homeownership through this program, and I am thankful to Wells Fargo, NeighborWorks and HOPE for working together to expand it in our state.”

The 2018 Mississippi NeighborhoodLIFT program follows statewide programs in New Mexico, South Dakota and Idaho. Overall, Wells Fargo has conducted 63 LIFT program events in the U.S. since 2012 that have created nearly 18,600 homeowners.

Grants available for reservation starting Oct. 29

The Wells Fargo Mississippi NeighborhoodLIFT program will begin offering $7,500 down payment assistance grants on Monday, Oct. 29, to eligible homebuyers. To learn more about the eligibility requirements, visit www.wellsfargo.com/lift or call 866-858-2151. Participating homebuyers can obtain mortgage financing from any participating lender, and HOPE will determine eligibility and administer the down payment assistance grants.

“The NeighborhoodLIFT program is another example of our commitment to Mississippi and our efforts to build better communities through sustainable homeownership,” said Chris Tracy, Wells Fargo Mississippi and Alabama Coast Region Bank President. “The program will help hardworking families and individuals get on the path to achieve successful and sustainable homeownership.”