Wells Fargo, Mayor Johnson, and NeighborWorks to announce NeighborhoodLIFTSM Program – a Historic Initiative Designed to Boost Homeownership in Sacramento

NeighborhoodLIFT^SM program will offer down payment assistance grants of $15,000 per qualified homebuyer; part of $7 million in grants and program funding in city of Sacramento

--(BUSINESS WIRE)--Wells Fargo:

WHO:	Sacramento Mayor Kevin Johnson, Wells Fargo Regional President David Galasso, and NeighborWorks Sacramento CEO Pam Canada.
WHAT:	To announce $7 million in grants and program funds for homebuyers in the city of Sacramento through the NeighborhoodLIFT^SMprogram – an initiative designed to help people achieve sustainable homeownership.
	NeighborhoodLIFT^SMwill include a two-day event on Nov. 16 and 17 at the Sacramento Convention Center where prospective homebuyers may qualify for $15,000 in down payment assistance and/or home and renovation financing grants.
	In addition, prospective home buyerswill be able to take advantage of home buyer education sessions and tours of selected residential properties that are available for sale in the city.
	NeighborhoodLIFT^SM is a collaborative program of Wells Fargo Bank, N.A., Wells Fargo Foundation, and NeighborWorks America, an independent nonprofit organization.
	NeighborhoodLIFT^SMis the first of its kind in the financial services industry and media is invited to cover the historic initiative.
WHEN:	October 23, 2012
	11:00 a.m.
WHERE:	NeighborWorks HomeOwnership Center Sacramento Region
	2400 Alhambra Blvd.
	Sacramento, CA 95817