Wells Fargo and T.D. Jakes Group announced a 10-year partnership aimed at "revitalizing neighborhoods" and creating long-term change in communities most in need.The announcement comes a year after Bloomberg reported that only 47% of Black homeowners who completed a refinance application with Wells Fargo in 2020 were approved, compared with 72% of white homeowners.
#years #organization #communities #announcement #partnership #application #affordable-housing #initiatives #homeownership #digital-divide
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