Down Payment Assistance-YOUR HELP IS NEEDED

By
Real Estate Sales Representative with Fieldstone Real Estate

I received this in an email moments ago from Mark Kilfeather, First Savings & I wanted to spread the word! For information on this or other loan programs, please contact Mike: http://www.markkilfeather.com/

 

 

URGENT. Voice Your Support for Downpayment Assistance!

Downpayment Assistance Programs in Danger of Elimination!

The Department of Housing and Urban Development (HUD) has re-issued a proposed rule that would eliminate all private downpayment assistance programs.

As you know, Nehemiah has a long history of successfully protecting and advancing homeownership opportunities for homebuyers. For over 10 years, we have worked together to help more than 290,000 families achieve their homeownership goals. Together, we can defeat HUD's proposed rule.

Act Now! We Have One Month to Stop This Action

Speak up now! The proposed rule comment period ends on August 15, 2008. Making your voice heard is simple. Submit a comment through our web site (www.getdownpayment.com)  and let Federal housing officials and your congressional representatives know how you feel about preserving private downpayment assistance as an option for today's homebuyers.

Your Trusted Source

Nehemiah will continue to be your trusted source of information on this important matter. Visit our website www.getdownpayment.com for up-to-date information and register to receive future email updates as they become available.

Thank you for your continued support. Should you have any questions, our Customer Service Department is available at 877-634-3642 from 9:00 a.m. - 8:00 p.m. EST to answer your questions.

TAKE ACTION NOW: http://capwiz.com/nehemia/issues/alert/?alertid=11593556&type=CU

Nehemiah Corporation of America
424 N 7th Street, Suite 250
Sacramento, CA 95811 Toll Free: 1-877-634-3642
(877) NEHEMIAH
getdownpayment.com

 

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Rainmaker
2,562,015
Charles Stallions
Charles Stallions Real Estate Services - Pensacola, FL
800-309-3414 - Pensacola, Pace or Gulf Breeze, Fl.

Boy is it starting to heat up. I would think Ameri-dream would be next. I have used this program many times and it has worked well. I would guess that tightening is evrywhere. I will go to the site now and check it out. Thanks for the post.

Jul 10, 2008 07:53 AM #1
Ambassador
1,513,657
Renée Donohue~Home Photography
Savvy Home Pix - Allegan, MI
Western Michigan Real Estate Photographer

What a splendid idea to get support for this program going!  Thanks for posting

Jul 11, 2008 12:27 PM #2
Rainer
37,935
Lisa Marie Flenoury
"Lisa The Broker" - Playa Vista, CA
"Lisa The Broker" - Making Dreams Come True

I am concerned about where we are going, we need people in homes to pay property taxes.  Thank you for posting the information.

Jul 14, 2008 01:48 PM #3
Rainer
17,967
Leeshay Wright
Keller Williams Realty - Mauldin, SC

Good post and thanks for making us aware of whats going on.

Jul 14, 2008 01:55 PM #4
Rainmaker
51,128
BJ Matson
The Choice Group - Olney, MD

Save Ameridream and other Down Payment Assistance programs
If you haven't done so, go to this website, http://www.rallyforhomeownership.org/

It only takes 30 seconds.  This form will go to your local Congressmen and Senators.
CONGRESS MEETS ABOUT THIS TODAY! 

HUD should modify to lessen the risk BUT don't get rid of it.  This is one of the last loan programs out there right now that can get buyers into a home with no money.  (They still have to credit and income qualify)

http://activerain.com/blogsview/605114/Down-Payment-Assistance-Congress
MORE ON THIS STORY IN THE WASHINGTON POST

Jul 22, 2008 06:59 PM #5
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Rainmaker
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Vicky Chrisner

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