Mayor Steve Adler has said before that one of the pressing matters for the City of Austin is affordability. Wells Fargo has announced it is committing $5 million to help get people into homes.
The bank will match up to $7,500 in down payment assistance. The grant money is for eligible homebuyers looking to purchase property in Travis, Bastrop or Hays Counties.
Families of four, making less than $62,000 a year, are able to apply.
The application event will be held August 26-27 at the Renaissance Austin Hotel downtown.
You can learn more here.