El Paso receives $75,000 grant to fix foreclosed homes
Wells Fargo donates money to aid restoration
The Texas State Affordable Housing Corp. received a $75,000 grant from Wells Fargo (WFC) to support the restoration of foreclosed or distressed properties in El Paso.
The nonprofit works to restore foreclosed homes that are sold to eligible veterans, low income families and people with disabilities as part of their Affordable Communities of Texas program.
"We are very grateful and honored to be receiving this award from Wells Fargo," said David Long, president of TSAHC. "Thanks to Wells Fargo's generosity, TSAHC and El Paso Collaborative will be able to stabilize communities affected by foreclosure and give deserving families, like veterans in El Paso, the opportunity to own a home of their own."