Tuesday, July 15, 2008

Nehemiah Program in Jeopardy!

Non-Profit Downpayment Assistance Programs in Jeopardy,
Take Action Today to Support Downpayment Assistance!

Nehemiah Corporation of America, a national non-profit organization, has helped 290,000 families who would have otherwise been locked out of homeownership due to lack of downpayment funds.

The Department of Housing and Urban Development (HUD) has re-issued a proposed rule which would threaten the opportunity for low to moderate income families to access downpayment assistance by eliminating all private downpayment assistance programs.

Preserve private downpayment assistance programs for families who are credit-worthy, but lack the savings necessary to fulfill their homeownership goals, protect the already fragile economy, improve the current housing market, and save jobs.

Take Action Today to Support Downpayment Assistance.

Go to:
http://capwiz.com/nehemia/issues/alert/?alertid=11598811