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Take Action - E
xpress Your Opinion supporting Legislation that allows for Down payment Assistance to continue.

Click Here for a letter that can be sent on your behalf to your U.S. Senators and House Representative.



 

Links to current articles on Down Payment Assistance:

Click Here to read the article  - August 2, 2008 - Builder, The Information Source for the Home Building Industry - "Public builder stocks fell by more than 15 percent upon news that the bill would eliminate as of Oct. 1 of this year the down-payment assistance programs widely used by builders."


Click Here to read the article - July 31, 2008 - The Arizona Republic - "...new home sales in the Valley could decline as much as 50%..."

 

Click Here to read the article - July 31, 2008 - The Reporter - Vacaville, CA - "...estimates that 50 percent to 60 percent of every home sale that closes right now benefits from Nehemiah..."

 

Click Here to read the article - July 30, 2008 - The Wall Street Journal - "...we have helped put more than one million deserving American families in homes. Recent research by Zelman & Associates reports that 10-25% of potential home buyers will have no way of securing home ownership without seller-funded down payment assistance..."

 

Click Here to read the article - July 30, 2008 - National Association of Residential Real Estate Investment Advisors - "...more than 300,000 working class families will be locked out of home ownership in the next year alone."

 

Click Here to read the article - July 30, 2008 - Sacramento Bee - "...60 percent to 70 percent of his loans through the FHA program...experts say the FHA's guarantees are playing a major role in the fledgling recovery in Sacramento's real estate market."


Here is a link to the new bill to bring Down payment assistance back:

Click Here to read the article - July 31, 2008 - Bill to Bring Back the Nehemiah Program (H.R. 6694)




Thank You for your interest, if you would like to contact me about the Nehemiah Program or other First Time Home Buyer programs that are available, please fill out the form below. 



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