Dave Kvamme

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‘Free money’ for down payments offers homebuyers a LIFT


By Charles Hallman

Staff Writer


Free money — that’s what NeighborhoodLIFT Program Manager Kimberly Smith-Moore calls $15,000 in down payment assistance that’s being offered to eligible homebuyers. The down payment assistance can be applied to a mortgage loan with any approved lender. The program is a partnership between Wells Fargo, NeighborWorks America, Neighborhood Housing Services in Minneapolis and Community Neighborhood Housing Services in St. Paul. Wells Fargo is investing $9 million — $7.2 million for the $15,000 down payment assistance grants, $650,000 for educational events, and Minneapolis and St. Continue Reading →

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