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Non-Profit Downpayment Assistance Programs in Jeopardy!

Target: HUD and Key Members of Congress
Sponsored by: The Nehemiah Program
Privately funded downpayment assistance programs like The Nehemiah Program have helped over 600,000 families become homeowners and have also helped to stabilize neighborhoods, cities and families.

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

Help preserve private downpayment assistance programs for families who are credit-worthy, but lack the savings necessary to fulfill their homeownership goals.

deadline: 12-16-2008
goal: 10,000
 
9,874
signatures!

Sign the Petition  see who signed this
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The House and Senate both passed legislation stopping funding for this program. This petition is now closed.

Thank you for your interest. Please click here for more petitions.
Note: A copy of your letter to HUD will be delivered to nearly 20 Congresspersons. The following paragraph will be added to the copy:

"The proposed HUD rule would have a negative impact on our already struggling housing market. Please allow downpayment assistance with new regulations that protect both the homebuyer and the FHA insurance fund by establishing some combination of minimum FICO scores, maximum gift percent, minimum LTV or minimum debt-to-income ratio."

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Dear [Decision maker],

Downpayment assistance is a key element in helping more than one million families across the country become homeowners. Research indicates that home equity is the single largest source of wealth for most Americans.

I oppose the proposed HUD Rule and suggest regulating private downpayment assistance programs in order to increase their effectiveness. Helping people become homeowners adds to the tax base, improves communities, allows children to attend better schools and helps people gain wealth through the equity in their home.
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Sincerely,
[Your name here]
We took action on “Non-Profit Downpayment Assistance Programs in Jeopardy!”!
# 9,800:
3:51 pm PDT, Jul 28, Annie Spurgeon, California
# 9,799:
3:41 pm PDT, Jul 28, Livin And Doing, Virginia
# 9,798:
3:35 pm PDT, Jul 28, Becaley Apodoca, Washington
# 9,797:
3:33 pm PDT, Jul 28, Wendye Smith, California
# 9,796:
3:27 pm PDT, Jul 28, Suzanne Lubovich, Washington
# 9,795:
3:25 pm PDT, Jul 28, Kim Kensler, Ohio
# 9,794:
3:23 pm PDT, Jul 28, Sara Stevens, North Carolina
# 9,793:
3:14 pm PDT, Jul 28, Kathleen Conroy, Massachusetts
# 9,792:
3:03 pm PDT, Jul 28, Cynthia Webster, Kentucky
# 9,791:
2:57 pm PDT, Jul 28, Crystal McKinney, Michigan
# 9,790:
2:43 pm PDT, Jul 28, Stacey BREWER, Missouri
# 9,789:
2:42 pm PDT, Jul 28, Name not displayed, California
# 9,788:
2:25 pm PDT, Jul 28, Jana Tate, Oklahoma
# 9,787:
2:13 pm PDT, Jul 28, Kelly Overacker, Arizona
# 9,786:
2:10 pm PDT, Jul 28, Marilyn Jones, Texas
# 9,785:
2:07 pm PDT, Jul 28, Martha Colby, New York
# 9,784:
2:02 pm PDT, Jul 28, Susan Kepner, New Hampshire
What happened to the American dream of home ownership?? If the government paid more attention to the sleezy mortage market, more people would not be in such dire straights!
# 9,783:
1:56 pm PDT, Jul 28, Robin Shwedo, Florida
# 9,782:
1:53 pm PDT, Jul 28, Julie Brimm, Michigan
# 9,781:
1:53 pm PDT, Jul 28, Corinne Broskette, Florida
# 9,780:
1:48 pm PDT, Jul 28, Faith Nale, California
# 9,779:
1:31 pm PDT, Jul 28, Margaret Crooks, West Virginia
NO! Don't eliminate these programs. I would not have been able to get my home if one of these programs had not helped.
# 9,778:
1:13 pm PDT, Jul 28, Kathryn Omarkhail, Texas
# 9,777:
12:59 pm PDT, Jul 28, Bobbie Peter, Texas
# 9,776:
12:58 pm PDT, Jul 28, Lydia Rivera, Florida
# 9,775:
12:46 pm PDT, Jul 28, Frederick Chambers, California
# 9,774:
12:41 pm PDT, Jul 28, Annie Reardon, Connecticut
# 9,773:
12:34 pm PDT, Jul 28, Claudia Rice, Hawaii
# 9,772:
12:34 pm PDT, Jul 28, Rachel Martin, Maryland
# 9,771:
12:33 pm PDT, Jul 28, Phil Odea, Pennsylvania
# 9,770:
12:18 pm PDT, Jul 28, Shirley Miller, Florida
Please keep Homeownership Equal for all - this is very important for all Americans. Thank You.
# 9,769:
12:11 pm PDT, Jul 28, Nicole Packard, Idaho
# 9,768:
11:37 am PDT, Jul 28, Meri Lee, New Mexico
# 9,767:
11:02 am PDT, Jul 28, Bequi Cordero, Georgia
# 9,766:
10:54 am PDT, Jul 28, Victory Lavalle, Alaska
# 9,765:
10:51 am PDT, Jul 28, Hilary Treat, Washington D.C.
# 9,764:
10:42 am PDT, Jul 28, Joan Nickum, Kansas
# 9,763:
10:41 am PDT, Jul 28, Helen Beasley, Tennessee
# 9,762:
10:37 am PDT, Jul 28, Darlene Liskowycz, Pennsylvania
# 9,761:
10:19 am PDT, Jul 28, Joshua Heffron, New York
# 9,760:
10:18 am PDT, Jul 28, Angie Goodwin, Idaho
I would not have been able to purchase my first home as a 28 year old single teacher at a Title I school had it not been for the Nehemiah program. Those who choose service to others over money and themselves should be helped somethimes too. Please do not eliminate private downpayment assitance programs.
# 9,759:
10:08 am PDT, Jul 28, Shirley Shaw, California
Its time for the ones who cannot save for a down payment have a chanch! we pay taxes and work hard! please give many other people a chanch to own a home! Its only fair!
# 9,758:
10:03 am PDT, Jul 28, Ejay Clark, Connecticut
# 9,757:
9:58 am PDT, Jul 28, Lily Gruber, Kansas
# 9,756:
9:55 am PDT, Jul 28, Jo Hewitt, Indiana
# 9,755:
9:48 am PDT, Jul 28, Paula Kellam, Georgia
Please keep this program, it helps to promotte home ownership to first time buyers which desperately needed right now to help keep the housing market going.
# 9,754:
9:42 am PDT, Jul 28, Celeste Bettino, New Jersey
# 9,753:
9:34 am PDT, Jul 28, Dana Hoffman, Minnesota
# 9,752:
9:30 am PDT, Jul 28, K Prescott, Virginia
# 9,751:
9:03 am PDT, Jul 28, Miguel Barraza, California
No Grapes!
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