Comments on: Another hit to the economy: Down Payment Assistance is officially killed http://minnesotaindependent.com/11382/another-hit-to-the-economy-downpayment-assistance-has-been-killed News. Politics. Media. Sun, 14 Mar 2010 08:38:11 -0500 http://wordpress.org/?v=2.8.4 hourly 1 By: Ryan http://minnesotaindependent.com/11382/another-hit-to-the-economy-downpayment-assistance-has-been-killed/comment-page-1#comment-13381 Ryan Fri, 03 Oct 2008 18:19:10 +0000 http://minnesotaindependent.com/?p=11382#comment-13381 Thank you for discussing the elimination of DPA in the market. My wife and I are searching first time homebuyers that were planning on using this program. It looks like we will be out of the market saving until next May/June now. It is hard to save up a $8K down payment for a starter home when you are paying rent and student loans. I guess the only first time homebuyers coming into the market now will be from families with the means to gift their downpayments. Thank you for discussing the elimination of DPA in the market. My wife and I are searching first time homebuyers that were planning on using this program. It looks like we will be out of the market saving until next May/June now. It is hard to save up a $8K down payment for a starter home when you are paying rent and student loans. I guess the only first time homebuyers coming into the market now will be from families with the means to gift their downpayments.

]]> By: Ted Kunda - NW Area Manager/ Nehemiah Corp. http://minnesotaindependent.com/11382/another-hit-to-the-economy-downpayment-assistance-has-been-killed/comment-page-1#comment-13324 Ted Kunda - NW Area Manager/ Nehemiah Corp. Fri, 03 Oct 2008 14:25:32 +0000 http://minnesotaindependent.com/?p=11382#comment-13324 Molly, I just wanted to thank you for your blog on this injustice to the American people and to ensure you and your readers that the Nehemiah Corporation will continue the fight to preserve DPA for Main Street America. Our industry partners are an important part of the campaign and I implore your readers to continue their grassroots efforts. Their actions will not go unnoticed! Make sure you tell your Senators and Representatives about the Congressional Budget Office's cost estimate of H.R. 6694. Here is a link to the report for your review. http://www.cbo.gov/search/sitesearch.cfm?criteria=H.R.6694 The report shows that DPA provides a huge benefit to the economy and doesn't cost the taxpayers one dime! Molly,

I just wanted to thank you for your blog on this injustice to the American people and to ensure you and your readers that the Nehemiah Corporation will continue the fight to preserve DPA for Main Street America.

Our industry partners are an important part of the campaign and I implore your readers to continue their grassroots efforts. Their actions will not go unnoticed!

Make sure you tell your Senators and Representatives about the Congressional Budget Office’s cost estimate of H.R. 6694. Here is a link to the report for your review. http://www.cbo.gov/search/sitesearch.cfm?criteria=H.R.6694
The report shows that DPA provides a huge benefit to the economy and doesn’t cost the taxpayers one dime!

]]> By: Robert F http://minnesotaindependent.com/11382/another-hit-to-the-economy-downpayment-assistance-has-been-killed/comment-page-1#comment-13317 Robert F Fri, 03 Oct 2008 06:20:41 +0000 http://minnesotaindependent.com/?p=11382#comment-13317 It's just not right that down payment assistance be taken away at such a critical moment. Looks like alternative ideas are alredy being explored. I just read about an alternative that started months ago... http://www.housingstimulusplan.com It’s just not right that down payment assistance be taken away at such a critical moment. Looks like alternative ideas are alredy being explored. I just read about an alternative that started months ago… http://www.housingstimulusplan.com

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