Wells Fargo Partners With National Urban League on Appraiser Diversification Initiative

By, TheMReport.com

The National Urban League and Wells Fargo have announced a $5 million grant to create the Diverse Appraiser Initiative, a new program that aims to increase diversity and reduce barriers to entry in the home appraisal industry. This effort will begin in early 2023.

The grant is expected to be allocated over five years with a goal of certifying up to 260 diverse appraisers. In addition to supporting the certification of trainees, the initiative includes entrepreneurship and small business development components with a focus on creating 130 potential new businesses.

The National Urban League will work with Wells Fargo to build a pipeline of diverse appraisers from three metro cities–Atlanta, Charlotte, and Houston–through Urban League Entrepreneurship Centers.

To read the full story Click Here.