Feds Threaten Homeownership

Real Estate Agent with NewEdge Realty

One of our country's most important privately-funded, non-profit housing programs is in jeopardy.

The U.S. Department of Housing and Urban Development (HUD) have proposed a rule that will end privately funded down payment assistance programs.

In this fragile housing market, such a rule would have a devastating impact on families and communities, as well as all the real estate and lending professionals whose livelihoods depend on the sale and purchase of homes.

You MUST speak up now! HUD's rule can be stopped if you act now. Tell HUD to withdraw the rule.

Comments (10)

Kelli Fronabarger
Bend River Realty Inc. - Bend, OR
Realtor - Bend Oregon

Hi Arleen-

Thanks for posting this valuable information. No doubt that many homebuyers certainly need programs of this type : )


Jun 19, 2007 05:02 PM
ARDELL DellaLoggia
Better Properties Seattle - Kirkland, WA
It sounds interesting, but I don't know enough about the program and why they are stopping it to "take action".  Can you tell us more about it?
Jun 19, 2007 05:02 PM
Arleen Lammons
NewEdge Realty - Edgewater, FL


If you visit the link provided, it will explain what the program does.  Please check it out.

Thank you.


Jun 19, 2007 05:06 PM
Arleen Lammons
NewEdge Realty - Edgewater, FL


Yes, more now than ever.  Please take action.

Thank you for your comment.


Jun 19, 2007 05:12 PM
Katrina Madewell
Charles Rutenberg Rlty- More than 5,000 agents(813) 777-1196 - Tampa, FL
Tampa FL Homes for sale | Tampa Bay - (813) 777-1196
gerat post Arleen, you should continue to BLOG about it and keep including your TAKE ACTION link.   GREAT POST!
Jun 19, 2007 05:31 PM
Arleen Lammons
NewEdge Realty - Edgewater, FL

Will do Katrina.

We have only 21 days left to SPEAK UP!


Jun 19, 2007 05:41 PM
Bob & Carolin Benjamin
Benjamin Realty LLC - Gold Canyon, AZ
East Phoenix Arizona Homes
For some reason your post is showing up in duplicate on the blog listing.
Jun 19, 2007 07:04 PM
Paul Moye
Benchmark Realty - Franklin, TN
Broker, GRI, SRES
Remember to post another update each week so more members will see this. It is an important program as more and more people need FHA loans to qualify for a loan due to past credit problems
Jun 19, 2007 11:51 PM
Arleen Lammons
NewEdge Realty - Edgewater, FL


Thank you for the comment.  I will certainly post every week as a reminder.......


Jun 20, 2007 06:50 AM
Arleen Lammons
NewEdge Realty - Edgewater, FL

Bob & Carolin

Not sure why.  Blogged to several different groups both times.

Meanwhile, the subject here is TAKE ACTION.  Hopefully, you visited the link and composed your letters.  If you have already done so, Thank you and please pass it on......


Jun 20, 2007 06:55 AM