housing affordability

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.

Wells Fargo Innovation Incubator Expands to Include Housing Affordability Solutions

10 companies join partnership to boost clean technologies, decrease energy costs, make housing more affordable
Press Release

DENVER, November 13, 2019 /3BL Media/ - The Wells Fargo Innovation Incubator (IN2), a technology incubator and platform funded by the Wells Fargo Foundation and co-administered by the U.S.

The Housing Affordability Crisis Episode 4: Driving Toward Solutions

What happens next?
Blog

In this special 4-part video series, Wells Fargo brings together problem solvers to discuss the housing affordability crisis in America, including Marc H. Morial, President of the National Urben League; Cerita Battles, Wells Fargo Home Mortgage; Keith Fairey, Enterprise Community Partners; Wells Fargo Senior Economist, Mark Vitner; and Vince Toye, Wells Fargo Community Lending and Investments.

The Housing Affordability Crisis Episode 3: Turning the Tide

How do we fix this? Experts identify actions policymakers, communities, and banks can take now to spark systemic change and solve the housing affordability crisis.
Blog

In this special 4-part video series, Wells Fargo brings together problem solvers to discuss the housing affordability crisis in America, including Marc H. Morial, President of the National Urben League; Cerita Battles, Wells Fargo Home Mortgage; Keith Fairey, Enterprise Community Partners; Wells Fargo Senior Economist, Mark Vitner; and Vince Toye, Wells Fargo Community Lending and Investments.

The Housing Affordability Crisis: the Contributing Factors

Wells Fargo video series brings together experts to discuss the housing affordability crisis in America — and how to bring about systemic change.
Blog

Wells Fargo recently committed $1 billion by 2025 to help solve the nation’s housing affordability challenges. In this special series, Wells Fargo brings together problem solvers to discuss the housing affordability crisis in America — and how to bring about systemic change.

Episode 1: America’s Housing Affordability Problem

What makes housing affordability a looming crisis? Top experts discuss a legacy of the housing bust that is impacting millions of Americans across income levels and the U.S. economy at large.
Blog

Wells Fargo recently committed $1 billion by 2025 to help solve the nation’s housing affordability challenges. In this special series, Wells Fargo brings together problem solvers to discuss the housing affordability crisis in America — and how to bring about systemic change.

Housing Affordability: An American Crisis

In this special series, Wells Fargo brings together problem solvers to discuss the housing affordability crisis in America — and how to bring about systemic change.
Blog

The lack of affordable housing in the U.S. is putting millions of people at the edge of crisis. Too many Americans are spending more than 50% of their income to keep a roof over their heads, experts say, and the crisis is costing the U.S. economy billions each year. In this special series, Wells Fargo brings together problem solvers to discuss the housing affordability crisis in America — and how to bring about systemic change.

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.

'America Can’t Afford Unaffordable Housing’

Wells Fargo leads a national panel on housing affordability and homelessness; author Antwone Fisher’s story puts a personal face on the growing crisis.
Blog

Amid a round of recent news about the increasing problem of homelessness in America, Jon Campbell appeared before a standing room-only audience of affordable housing advocates to call for renewed efforts to address the crisis.

“I think the headline for all of this should be, ‘America can’t afford unaffordable housing,’” he said, as the crowd applauded. “I really believe that’s the headline. And if we can all take that mantra forward from this place, we’re really going to make progress.”

Making a Greater Community Impact

Wells Fargo is concentrating its philanthropic power to help solve three critical issues: housing affordability, financial health, and small business growth.
Blog

Wells Fargo is evolving its philanthropic strategy to help solve three pressing issues affecting individuals, families, and underserved communities across the U.S. — housing affordability, financial health, and small business growth — the company announced June 5.

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