Wells Fargo provides additional support to Portland-area homeowners

For Immediate Release
Dec. 8, 2011
Contact: Kelsey Cardwell, Marketing Coordinator
(503) 961-6417 / kcardwell@haciendacdc.org

PORTLAND, Ore. – More first-time buyers and distressed homeowners in Portland will be able to access homeownership education and foreclosure prevention counseling, thanks to the nonprofit Hacienda Community Development Corporation and Wells Fargo.

Wells Fargo has donated $36,700 to Hacienda to support its holistic programming for homeowners. The programming includes HUD-certified courses and personal counseling, down payment assistance options and matched savings programs.

“We have created a lasting partnership with Hacienda in order to benefit our community,” said Wells Fargo’s Megdy Khoury, who serves as treasurer of the Portland-based Hacienda group. “We feel we can accomplish more for Portland by working together with groups such as Hacienda than we could if we were each working on our own.”

Wells Fargo also awarded $7,500 in September to the homeownership program, contributing to the continual expansion and overall quality service that Hacienda’s HUD-certified counselors provide.

“Hacienda’s continuing partnership with Wells Fargo is fundamental to the success and growth of our programming,” said Victor Merced, executive director of Hacienda. “Our services are in high demand. We are thankful to receive the support necessary to provide them to our community.”

About Hacienda
Hacienda develops affordable housing and builds thriving communities in support of working Latino families and others in Oregon by promoting healthy living and economic advancement. Hacienda has a community of approximately 2,000 low- and moderate-income residents, more than half of whom are children. For more information, visit www.haciendacdc.org

About Wells Fargo
Serving Oregonians since 1852, Wells Fargo is is a nationwide, diversified, community-based financial services company with $1.3 trillion in assets. Wells Fargo provides banking, insurance, investments, mortgage, and consumer and commercial finance through more than 9,000 stores, 12,000 ATMs, the Internet and other distribution channels across North America and internationally. More information about Wells Fargo’s community support is posted at www.wellsfargo.com