County Down Payment Assistance Programs Going Away for Ever?

By
Real Estate Broker/Owner with LemonTree Realty

Down Payment AssistanceIs it true Orange County & Seminole County down payment assistance programs like SHIP might be going away forever? I received and email today with the grave news that the housing funds from the state are on the chopping block. The senate is cuting over $123 million dollars from the budget and with those cuts would simply eliminate down payment assistance programs like SHIP.

If you want to see these programs stay around write your senate and congress.
 
 
Contact Senate President Jeff Atwater at atwater.jeff.web@flsenate.gov

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Heather Unger, GRI, NRBA, CLHMS, CDPE, WinDs

RE/MAX Central Realty

www.HeatherTheRealtor.com     (407) 810-6304

Our Team Specializes in Luxury Real Estate, First Time Home Buyers, Short Sales, Bank Owned Real Estate, REO & Foreclosure Properties

Servicing Real Estate Needs in: Lake Mary, Longwood, Winter Springs, Sanford, Altamonte Springs, Oviedo, Orlando, Downtown Orlando, Thornton Park, College Park, Winter Park, Maitland, Windermere, UCF, Lake Nona, Baldwin Park, Apopka, Ocoee & Winter Garden

 

Comments (6)

Matt Listro
National Credit Fixers - Matt Listro - Vernon, CT
Your Credit Repair Expert

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Apr 09, 2009 12:07 PM
Laura Forty-Garcia
RE/MAX CENTRAL REALTY - GRI, CDPE, SFR, CREO - Lake Mary, FL
Your Central Florida Connection to Real Estate

That is crazy..I am shocked...that they are cutting county downpayment assistance..People really need this program sometimes...

Apr 09, 2009 03:50 PM
Rob Arnold
Sand Dollar Realty Group, Inc. - Altamonte Springs, FL
Metro Orlando Full Service - Investor Friendly & F

I haven't heard this.  I know they typically run out of money by about January of ever year and then we wait again until October for people to re-apply.

Apr 10, 2009 12:24 AM
Heather the Realtor Orlando, Lake Mary
LemonTree Realty - Orlando, FL
First Time Home Buyers, Bank Owned Homes

Rob - I realize that Seminole county is normally that way, but this October if the senate gets their way SHIP is done they will not get any funding meaning no more DPA. So if people want DPA from the City of Orlando or Orange county they need to move now or there might not be a tomorrow.

Apr 10, 2009 08:29 AM
Gita Bantwal
RE/MAX Centre Realtors - Warwick, PA
REALTOR,ABR,CRS,SRES,GRI - Bucks County & Philadel

Good idea to have the consumers contact their Senator. Good post.

Apr 11, 2009 01:29 AM
Todd Clark - Retired
eXp Realty LLC - Tigard, OR
Principle Broker Oregon

We had a bond program here in Oregon that sounds similar to your program and ours actually ran out of money!

 

Apr 25, 2009 10:11 PM