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.
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.”
“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.
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.
You can obtain the
latest information on these new programs as well
as existing free government grant and loan
resources.
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.
Housing Grants - Free Money Information