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This foreclosed home at 622 12th Street S.W. may be a candidate for a rehabilitation and resale initiative being funded by Wells Fargo to the Greater Minnesota Housing Fund. The initiative is aimed at homes valued at under $160,000. City of Willmar assessment records state the value of this house at $53,100. Tribune photo by Ron Adams

Initiative aims to fix up and sell foreclosed homes

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WILLMAR -- Wells Fargo Bank and the Greater Minnesota Housing Fund are teaming up with a program to put foreclosed homes in need of rehabilitation back on the market. Wells Fargo announced it is providing a $750,000 investment to the Greater Minnesota Housing Fund to support its foreclosure recovery initiative.

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