Wells Fargo Launches Grant Program to Help Bridge Homeownership Gap

Wells Fargo ranked No. 32 on the Fair360, formerly DiversityInc 2023 Top 50 Companies for Diversity list.


Wells Fargo Home Lending announced it will offer $10,000 Homebuyer Access grants to be applied toward housing down payments in underserved communities.

The grants are available to eligible homebuyers who currently live in or are purchasing homes in underserved communities in eight metropolitan areas:

  • Minneapolis–St. Paul–Bloomington, MN-WI
  • Philadelphia–Camden–Wilmington, PA-NJ-MD-DE
  • Dallas–Ft. Worth–Arlington, TX
  • Washington–Arlington–Alexandria, DC-VA-MD-WV
  • Baltimore–Columbia–Towson, MD
  • Atlanta–Sandy Springs–Alpharetta, GA
  • Charlotte–Concord–Gastonia, NC-SC
  • New York–Newark–Jersey City, NY-NJ-PA

“Homeownership is central to building wealth but has been out of reach for many minority families as a result of systemic inequalities in housing and finance,” said Kevin Reen, Head of Wells Fargo Home Lending. “One of the biggest barriers to achieving homeownership is coming up with the down payment. We’re proud to make this dream a reality for families through our new $10,000 Homebuyer Access grant.”

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