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HR 600 - New Seller-Funded Downpayment Assistance Legislation Introduced this week!

By
Real Estate Agent with Coldwell Banker DRE# 01706589

This evening I received an email from the Nehemiah Corporation that new legistation was introduced in Congress this week that is intended to reform and re-introduce seller-funded downpayment assistance programs (Nehemiah, Ameridream, etc.).

HR 600 apparently replaces last year's HR 6694. Seller funded downpayment assistance programs were eliminated by provisions in HR 3221. If you would like to express support for HR 600 to your local lawmakers, you can visit DPAGroundswell.org.

Trevor Elliott
RE/MAX Integrity - Salem, OR

Thanks. I hope this does not take to long.

Jan 20, 2009 08:38 AM