The Real Deal Miami

Wells Fargo plans $30 million in financing for Floridians to buy homes

May 11, 2012 12:45PM

Floridians could see as much as $30 million in financing to buy new homes, including $9 million in Miami, according to a pledge by Wells Fargo, the South Florida Business Journal reported. The funding will target down payments under the NeighborhoodLIFT program. “We have been working with Wells Fargo in securing abandoned houses and we have a great relationship with them,” Miami Mayor Tomas Regalado said. The plan would give grants as high as $15,000 to home seekers who are eligible. [SFBJ]