HOME and Wells Fargo begin effort to Increase African-American homeownership

(RECAP: Housing Opportunities Made Equal of Virginia Inc. (HOME) and Wells Fargo Bank announced on Monday a partnership agreement aimed at increasing homeownership opportunities and expanding mortgage lending for African-Americans and African-American neighborhoods in the Richmond area. The partnership provides for more than $4 million in financial support to HOME. It was described as one of the largest agreements ever between a financial institution and an individual fair housing organization.)