$7.5 million Wells Fargo housing grant will fund home acquisition, down payments, and counseling

Milwaukee County Executive David Crowley, (far left) Gigi Dixon, head of external engagement for Wells Fargo, and Milwaukee Mayor Cavalier Johnson, hold up a $7.5 million ceremonial check from Wells Fargo. The money will be used to boost homeownership among Milwaukee residents of color. (Photo by Maredithe Meyer/BizTimes)

A $7.5 million grant from Wells Fargo to boost homeownership among Milwaukee families of color, will be spent on acquiring homes, down payments, and financial counseling for would-be homeowners. The donation is being done through the company’s Wealth Opportunities Restored Through Homeownership (WORTH) initiative, a $60 million national effort to address systemic barriers to homeownership

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Cara Spoto
Cara covers nonprofits, healthcare and education for BizTimes. Cara lives in Waukesha with her husband, a teenager, a toddler, a dog named Neutron, a bird named Potter, and a lizard named Peyoye. She loves music, food, and comedy, but not necessarily in that order.

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