City and county launch homebuyer program, down payment assistance | Environment
(WMC-TV) – Memphis and Shelby County leaders are launching a major effort to help people buy homes in the county.
Shelby County Mayor Mark Luttrell and Memphis Mayor A.C. Wharton have announced the creation of a large-scale homebuyer workshop.
Dubbed Memphis-Shelby County Helping Homebuyers, the program is set to provide up to $15,000 of assistance toward a down payment for those who qualify for the program. The program is for those who plan to buy and live in a home located in the Memphis city proper, or in Shelby County.
The qualified funds may also be used for home renovation
Wells Fargo is sponsoring the event, and multiple lenders will be present.
“This will provide a major boost to our efforts to strengthen our neighborhoods through homeownership,” Mayor Wharton stated.
The event will take place at the Cook Convention Center on November 30th, from 10 a.m. to 7 p.m. Pre-registration is encouraged, but walk-in’s are also welcome.
For more information, or to pre-register for the event, visit www. HelpingMemphisHomebuyers.com, or call 1-866-858-2151.
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