WILMINGTON, Del., April 18, 2022 (GLOBE NEWSWIRE) — WSFS Bank, the primary subsidiary of WSFS Financial Corporation (NASDAQ:WSFS), today announced the launch of the WSFS Down Payment Grant Program, which will provide grants up to $10,000, totaling $3 million over the next three years, to individuals and families in need of financial help to achieve their dream of buying a home.
The grants are designed to provide additional access to down payment and closing cost funds for primary residence purchases for eligible borrowers in eligible census tracts.
“This program is an opportunity for borrowers who would otherwise have difficulty affording some of the up-front home purchase expenses to now cover some of these costs,” says Ron Dutton, Senior Vice President, Director, Community Reinvestment for WSFS Bank. “Combined with WSFS initiatives like the Neighborhood Opportunity Program, as well as government-funded resources, we’re committed to helping buyers with low and moderate income in eligible geographic areas …
