Wells Fargo backs down-payment assistance plan to boost homeownership in Twin Cities

Wells Fargo & Co. on Thursday announced an expansion of its NeighborhoodLIFT program to boost homeownership in Minneapolis and St. Paul for low- and moderate-income individuals. Wells Fargo, along with NeighborWorks America and NeighborWorks Home Partners, are pledging $7 million to offer $15,000 in down-payment assistance to 425 eligible homebuyers. “Homeownership is a key pathway to housing stability, wellness and wealth accumulation, but far too many people—including people of color—aren’t…