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Financial assistance program for potential homebuyers returns for limited time

Wells Fargo and the City of Charlotte have announced the return of a program that assists potential homebuyers with their down payment. Neighborhood Lift will return for two days next month.

Residents in Mecklenburg, Cabarrus, Gaston, Union and Rowan counties can apply for a $15,000 grant, while teachers and first responders can receive up to $17,500 in down payment assistance.

Kimberly Sauer was one of 312 Charlotte residents who received assistance through the program last time.

Sauer, who was making $50,000 a year with the city, said it gave her the boost she needed to buy her home.

“I got really lucky and found a great neighborhood ... and was able to get close to my friends and my church,” she said.

Watch the video above to learn how the program has helped others and how it’s expanding this year.

More information on the program here.

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