Judge Lawrence K. Karlton of the United States District Court for the Eastern District of California upheld Nehemiah's motion for summary judgment and invalidated the U.S. Department of Housing and Urban Development (HUD) rule to ban private downpayment assistance as proposed in the "Standards for Mortgagor's Investment in Mortgaged Property" regulation published October 1, 2007. To be clear, this rule cannot be enforced by HUD and is no longer a threat to private downpayment assistance programs. We are thrilled with the Court's decision to support low-to-moderate income families across the country by ruling against HUD's attempt to ban private downpayment assistance," said Scott (2 comments)
1689 Juliet - St Paul, MN .....Price Reduced $219,900 Open Saturday April 19 12:00 - 1:30PM Open Sunday April 20 1:00 - 2:30PM 1689 Juliet Avenue St Paul, MN 55105 2 Bedrooms 1 Bathroom Hard Wood Floors Mac/Groveland Neutral Decor 2-Car Garage Steps to Mattocks Park $219,900 This home is eligible for down payment assistance. The Nehemiah Program provides gift funds to qualified homebuyers who purchase participating homes using an eligible loan program, such as a FHA loan. Please contact us directly for more information about the Nehemiah Down Payment Assistance Program. Michael and Lisa Lynch EXIT INNOVATION REALTY 1150 Montreal Ave. Suite 103 St. (0 comments)