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July 12, 2012

Homestead, Wells Fargo

Homestead Community Land Trust received $200,000 from Wells Fargo in the form of an “equity equivalent investment” loan. Homestead provides affordable housing in King County by offering what it says is a low-risk path to homeownership. Wells Fargo gave Homestead a $150,000 grant last year. Homestead uses the money to buy, rehab and sell distressed and bank-owned properties.




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