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Nehemiah....Getting the Boot???

By
Mortgage and Lending with Infinity Home Mortgage Company, Inc.

As I learn more about this industry & profession I have joined with my colleagues here on AR, the more encouraging it is to see how many programs & offers of assistance are available to our clients.  The Nehemiah Program is one of those programs available to lower to middle income buyers looking for down payment assistance.

From its website, The Nehemiah Program:

"...serves as a catalyst for economic empowerment and wealth creation by expanding opportunities for responsible homeownership, affordable housing and community revitalization.

To fulfill its Mission and Vision, Nehemiah Corporation of America has developed a number of programs and affiliate organizations to serve not just the immediate needs solved by homeownership, but the longer term needs of urban areas, low- and middle-income families, and their surrounding neighborhoods. These programs include The Nehemiah Program®, Nehemiah Community Reinvestment FundTM, Inc. (NCRF), Nehemiah Community FoundationTM, Inc. (NCF) and Nehemiah Urban Ministry Initiatives (NUMI)."

Then, I learn the powers that be (read HUD & the federal government) are looking to eliminate a privately run DPA program.  Does this make any sense to you???  Why eliminate a program that uses private funds & instead depend on tax dollars (read you & me & your 1040) to fund public DPA programs.  This is absolute nonsense.

Help save a good program, whether you use this program or not with your clients.  This program has helped hundreds of thousands of buyers who would not have had the money to close on their homes.  Link here to find out more on what you can do!

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Chip Jefferson
Gibbs Realty and Auction Company - Columbia, SC

I do use this program and find it helpful on alot of my clients. Especially the first time buyers. They are the real beneficiaries of this program. Im in.

Jul 21, 2008 12:47 AM
Charlie Ragonesi
AllMountainRealty.com - Big Canoe, GA
Homes - Big Canoe, Jasper, North Georgia Pros

It is amazing that we would screw with something that works when there is SO MUCH to screw with that doesn't work !!!

Jul 21, 2008 12:50 AM
David Ellis
Infinity Home Mortgage Company, Inc. - Ardmore, PA

Laura,

This is a terrific program.  Why does the gov't want to use pubic money only for dpa's??

 

Charlie,

That's the problem, they screw with the things that work & then they want you to thank them for it!

Jul 21, 2008 12:58 AM
Patrick Scott
OConnor Title Guaranty, Inc. - Chicago, IL

Thank you, Thomas, for your exquisite response.  I also loved your essay, Common Sense!  You are a true revolutionary.

Sep 13, 2008 01:27 PM