Some great news...On August 1st, Congress introduced H.R. 6694, a bill which would reauthorize and reform charitable down payment assistance.  The bill would remedy a harmful provision in the new housing law which limits homeownership opportunities for low and middle-income Americans and was sponsored by U.S. Reps Al Green (D-TX), Gary Miller (R-CA), Maxine Waters (D-CA), and Christopher Shays (R-CT).  The bill seeks to ensure that providers of the down payment assistance operate in a transparent manner to guard against conflicts of interest.  The bill also includes language to ensure that FHA maintains its financial stability by permanently authorizing the Secretary to assess higher premiums to higher risk borrowers.   Let your elected officials in Congress know that you support H.R. 6694 by contacting the U.S. Capitol Switchboard at 202.224.3121 OR learn more at....www.supporthomeownership.com