I was reading some financial new and ran into this story.
What do you guys out there in Active Rain Think.
WASHINGTON - Hundreds of thousands of American families will have a greater opportunity to find housing or keep the homes they have because of $50 million in housing counseling and counseling training grants announced today by U.S. Housing and Urban Development Secretary Steve Preston.
Finish reading the rest of the story here.
J.
$50 Million (hate to be so negative) is not even close to solving the problem. $700 Billion isn't even close enough IMHO. If they were doing like they said they were doing with that money, won't even last till election day.
An let the boondoggling begin. This is where they start shelling out to cronies.
I see ACORN is in for $1,623,570 in PA.
I do not see much benefit to providing "counciling" to potential home buyer or current home owners. If they need to be counciled on how to own a home or how to keep a home, then maybe they shouldn't be buying a home. It seems pretty common sense to me .... save money for a down payment, save money for unexpected expensesand then live within your financial means once you have a home.
Sean Allen
Renee.
I can see them spending that really quickly as well. USA needs a big change.
J.
Just another way to pay for people who add no real value to the system. Bet they are all democrat.
Hi Jeff
There are a lot of people having mortgage problems today. If the government is going to help then stay in there home the homeowner should be qualified for the mortgage and can make the payments.
Good luck and success
Lou Ludwig
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