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Sen. Shelby praises senate
passage of American Dream Down Payment Act.
Washington, D.C. - - U. S. Sen. Richard C.
Shelby (R-Ala.) today commented on the Senate’s passage of “the
American Dream Down payment Act.” The bill authorizes
$200 million
in grant assistance each of the next four years to low-income,
first-time homebuyers.
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Sen. Shelby said, “One of the many obstacles to achieving
homeownership is putting together the money for a down payment. This
is especially true for low-income, first time homebuyers. This
legislation will help many families that would not otherwise have
the opportunity to own a home.” |
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“I would especially like to thank Sen.
Allard for his leadership in introducing this proposal. He
has been instrumental in shepherding it through the
Committee and the Senate. Sen. Allard truly understands the
significance of helping hard working families achieve a
piece of the American dream.”
Billions of dollars are also available to purchase homes,
rental property, and many other projects. it's part of a
joint government and banking initiative to revitalize the
economy by making loans more accessible to people previously
rejected as a poor credit risk. |
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- Interest rates are at a 35 year
low.
- Now is the time to
start searching for your dream home.
- If you need money to buy a home,
buy property or consolidate, low interest loans and down
payment assistance are now available, regardless of your
income or past credit history.
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You can obtain the latest information
on these new programs as well as existing free government
grant and loan resources.
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We will provide you with all the latest tools used by the
Grant Seeking professionals to assist you in locating grants
for any virtually any worthwhile purpose.
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What are you waiting for? Get started on your Dream Home | |
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Fact:
Cassy Stevenson received
$109,000 to open a Craft
store. |
Fact:
Jack Riggs received
$10,000 to go to college. | |
Fact:
John Oliver of Corpus Christi,
TX Received over $63,000 in
Business Grant. |
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Fact:
Annie Lee Harmon of Chipley
Florida Received over $13,000
in Assistance For building Repair. |
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