Housing

Wells Fargo partners with local nonprofits to help people of color buy homes as part of the company’s $60 million WORTH initiative.

Minneapolis mom hurdles final homebuying barrier with a hand from a determined mortgage consultant and a closing cost credit.

After feeling the crunch of sky-high rental rates, Buwa Binitie founded Dantes Partners to bring “luxury affordable” housing to Washington, D.C.

Wells Fargo and NeighborhoodLIFT^® partner Avenue have committed nearly $15 million to boosting homeownership in Houston.

For National Homeownership Month, a discussion with the head of Wells Fargo Home Lending Kristy Fercho.

Nonprofits MANNA and Building Bridges Across the River/11th Street Bridge Park are preparing Washington, D.C., residents for homeownership and providing access to affordable homes through the Ward 8 Homebuyers Club, thanks to support from Wells Fargo.

Viewpoints: As housing costs continue to rise, low-income families of color need more access to affordable housing and a pathway to homeownership, writes Donald Gilmore, executive director of Community Housing Development Corporation.

Out of work, hospitalized, and separated from family, Feliton Gauthier was able to get back on his feet financially, with help from a nonprofit housing agency and Wells Fargo.

Hispanics led the U.S. out of the Great Recession, but may face stronger headwinds in the COVID-19 crisis. Wells Fargo advances its commitment to Hispanic homeownership.

City leaders and nonprofits in Portland, Oregon, are boosting Black homeownership through down payment aid and other incentives, supported in part by Wells Fargo’s NeighborhoodLIFT.

In honor of National Good Neighbor Day on Sept. 28, read stories of how Wells Fargo has helped bring neighbors and their communities together.

Six housing innovators received $2.5 million awards to create housing affordability solutions across the U.S.

Wells Fargo Foundation donates $1.8 million to support housing initiatives led by six CDFIs in the country’s poorest communities.

The crisis of housing affordability in the United States is much more than a problem of demand exceeding supply. The Housing Affordability Breakthrough Challenge will help close the affordable housing gap by elevating and transforming housing affordability innovations into real solutions. Judges who are experts in the industry will choose top competitors who bring standout affordable housing innovations promising new ways to meet the urgent need for affordable housing in communities across the United States.

Without financing, good ideas to address housing affordability often never get off the ground. Because of a number of complexities, it can sometimes be more expensive to build affordable housing than it is to build market rate properties. In this episode, judges and administrators of the Housing Affordability Breakthrough Challenge discuss problems and opportunities associated with financing.

With land scarcity, zoning challenges, and ever increasing costs, the building of new affordable housing is a complex undertaking. In this episode, judges and administrators of the Housing Affordability Breakthrough Challenge discuss the complexities and opportunities present in the construction of safe, clean, affordable housing, as well as the potential of green building as a factor in affordability solutions.

Helping people sustain safe, affordable housing that they can utilize as a fundamental building block for health and economic well-being is key to closing opportunity gaps and eradicating generations of systemic racial disparity. Resident support services are an area of focus for the Housing Affordability Breakthrough Challenge because they help provide infrastructure for resident well-being and economic mobility, and they contribute to healthy communities. In this episode, judges and administrators of the Housing Affordability Breakthrough Challenge discuss problems and opportunities.

The need for affordable, well-designed homes continues to exceed supply in the United States. Wells Fargo has launched the Housing Affordability Breakthrough Challenge in collaboration with Enterprise Community Partners to close the affordable housing gap by elevating and transforming housing affordability innovations into real solutions. The Challenge will award six grants of more than $2 million each to innovators across the U.S. in the areas of construction, finance, and resident support services to bring their ideas to reality. In this special series, Wells Fargo brings together the Challenge’s judges and administrators — thought leaders from across the industry — to discuss the housing affordability quagmire, the priorities of the competition, and the areas of opportunity for innovation in creating impactful solutions.

Despite the pandemic, Anne Fenkner celebrates completing her final mortgage payment six years early with a COVID-19-compliant parade.

One couple’s story shows the resilience of homebuyers as the housing market adjusts to new ways of buying.  

From the COVID-19 pandemic to soaring unemployment, African Americans face a number of challenges to homebuying this year. Cerita Battles of Wells Fargo discusses the commitment to boost African American homeownership amid adversity.

Housing nonprofits like Beyond Housing in St. Louis and LA Family Housing in Los Angeles are continuing to support their clients during the COVID-19 pandemic — while also pivoting their focuses to meet the immediate needs.