Business and Finance Business and Finance
Wed, October 3, 2012
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Sebastian River Holdings, Inc. Moves to Highest L .. nter Markets &;; Provides Corporate Upd
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SVB Financial Group Named Hospitality Sponsor for 4th Annual Innovation Catalyst Award Event
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Valley National Bancorp To Announce Third Quarter 2012 Earnings
[ 09:16 AM ] - Market Wire
Adjustment LBi financial calendar
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Financial Advisors Who Outsource Investment Management Report High Satisfaction Levels
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SDL to Provide Next Day Social Media Poll for All Four Presidential Debates
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VuQo Holdings Corporation Signs Letter of Intent to Acquire Lacto Asia Pacific Corporation
[ 08:59 AM ] - Market Wire
Montpelier Re Holdings Ltd. Announces Pricing of $300 Million Senior Notes Offering
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Kevin Ishizu Joins Wells Fargo Insurance as Senior Vice President in the Professional Risk Group
[ 08:20 AM ] - Market Wire
Home Financial Bancorp Announces Tender Offer for Holders of 1,000 or Fewer Shares
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TCF Inventory Finance, Inc. and American Boatbuil .. Association, Inc. Enter into Financing Agreement
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Attorney General Madigan, U.S. Department of Just .. ncing CityLIFTSM, Program Offering $8.2 Million t
[ 08:00 AM ] - Market Wire
Aristocrat Launches First Tribal nLive Virtual Casino for Island Resort Casino
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Support Canadian Farmers This Thanksgiving
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Wells Fargo to Help Jacksonville Area Customers F .. allenges at October 10 Home Preservation Workshop
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Fitch Affirms Richmond Metropolitan Authority's Expressway Revs at 'A-'
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NorthStar Realty Finance Announces Public Offerin .. f $50 million of its new Series C Preferred Stock
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3M Aligns Organization for the Future
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eLayaway Joins National Celebration, Offering Layaway Genie to Kick Off Holiday Season
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High-Net-Worth Investors Indicate Steps They Are Taking in Anticipation of Tax Increases Next Year
[ 05:35 AM ] - Market Wire
First Marblehead to Acquire Operating Assets of Private Student Loan Originator Cology, Inc.
[ 05:30 AM ] - Market Wire
Carbon Credits International Powers Mobile Fundra .. or Phillips Brooks School and Raises Over $32,000
[ 05:26 AM ] - Market Wire
CCG Schedules Q3 2012 Earnings Release and Call
[ 05:07 AM ] - Market Wire
Highland Resources Intersects 20.5 Meters of 2.24 .. Cu at the Keweenaw Copper Project, Michigan, USA
[ 05:02 AM ] - Market Wire
BNY Mellon Enhances Interactivity of its iFlow(SM) Global Capital Flows Research Offering
[ 05:00 AM ] - Market Wire
More Than 1,000 Potential Homebuyers to Attend Ci .. a New Initiative Designed to Boost Homeownership

More Than 1,000 Potential Homebuyers to Attend CityLIFTSM Event – a New Initiative Designed to Boost Homeownership


Published on 2012-10-03 05:16:10 - Market Wire
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--([ ])--CityLIFTSM program will offer down payment assistance grants of $20,000 per qualified homebuyer; $7 million in grants and program funding to help new homebuyers in Washington, D.C. and Prince Georgeas County.

WHO:

More than 1,000 potential homebuyers expected to attend the free 2-day event

WHEN:

Friday, Oct. 5, 2012 from 10:00 a.m. a" 7 p.m. and

Saturday, Oct. 6, 2012 from 8 a.m. a" 5 p.m.

WHERE:

Walter E. Washington Convention Center

801 Mount Vernon Place NW

Washington, D.C., 20001

WHAT:

CityLIFTSMprogram will launch with a free two-day event for prospective homebuyers interested in purchasing a home in DC or Prince Georgeas County, Maryland. The program includes $7 million in down payment assistance grants for Washington, D.C. and Prince Georgeas County and is intended to help revitalize neighborhoods through an innovative sustainable housing program. Prospective homebuyers may qualify for $20,000 in down payment assistance which may be applied to a mortgage purchase with any lender.

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 DC and Prince Georgeas County.
Wells Fargo is collaborating with the Mayor of D.C., County Executive of Prince Georgeas County and the non-profit organization NeighborWorks America and its local affiliate, Manna, to implement the program.

The CityLIFTSMprogram is modeled after Wells Fargoas highly successful NeighborhoodLIFTSM program, the first of its kind in the banking industry. The NeighborhoodLIFTSM program is a collaboration between the Wells Fargo Foundation, NeighborWorks America, an independent non-profit organization, and local non-profit organizations.

The CityLIFTSM program is designed to provide down payment assistance and homebuyer education programs in areas most impacted by the financial crisis. The program was developed in connection with the 2012 settlement with the U.S. Department of Justice, and is a collaboration between Wells Fargo Bank N.A. and NeighborWorks America.

COVERAGE INVITED.

Contributing Sources