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Wells Fargo (NYSE:WFC) Home Lending is now offering $10,000 Homebuyer Access grants that will be applied toward the down payment for eligible homebuyers who currently live in or are purchasing homes in certain underserved communities in eight major metro areas.

The grants are being allocated under the company’s Special Purpose Credit Program (SPCP) and will be available to homebuyers who earn a combined 120% or less of the area median income in the county where the subject property is located. The grant funds can only be used toward the down payment on a Wells Fargo fixed-rate conventional loan secured by a property that will be the purchaser’s primary residence, and buyers can combine the grant with other programs for which they may qualify.

The Homebuyer Access grants are available initially to homebuyers in Atlanta, Baltimore, Charlotte, Dallas-Fort Worth, Minneapolis–St. Paul, New York City, Philadelphia, and Washington, D.C. metropolitan statistical areas.

“Homeownership is central to building wealth but has been out of reach for many minority families as a result of systemic inequalities in housing and finance,” said Kevin Reen, head of Wells Fargo Home Lending. “One of the biggest barriers to achieving homeownership is coming up with the down payment. We’re proud to make this dream a reality for families through our new $10,000 Homebuyer Access grant.”