ATLANTA | Help for in-town homebuyers | Business
ATLANTA -- The City of Atlanta and Wells Fargo are teaming up to help people buy homes in the city.
Pre-registration for the event at the Georgia World Congress Center is closed. The event will be held Friday, February 10 and Saturday, February 11 from 10 a.m. to 7 p.m.
The program, called Neighborhood Lift, is being tested in Los Angeles and Atlanta, both cities hit hard by the foreclosure crisis.
Walk-ins are still allowed and people must bring documents.
Qualified buyers can receive $15,000 toward a down payment on a home. Families that make up to $83,000 a year and individuals that make no more than $59,000 can qualify.
People would have to buy and close on a home within 60 days and would be required to live in it for five years.
Wells Fargo and the city have put together about 100 homes on an inventory list, and bus tours of those homes will be given. People who qualify are not obligated to buy one of those homes.
For more information, visit Wells Fargo's website about the event.