
SEN. SHELBY PRAISES SENATE PASSAGE OF DOWN PAYMENT ACT.
Washington, D.C.
U.S. Sen. Richard C. Shelby (R-Ala.) today commented on the Senate's passage of the Down payment Act. the bill authorizes $200 million in grant assistance each of the next four years to low-income, first-time home buyers.
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 home buyers. this legislation will help many family's that would not otherwise have the opportunity to own a home.
Billion 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 grants & loans more accessible to people previously rejected as a poor credit risk.
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.
We provide you with all the latest tools used by th Grant Professionals to assist you in locating grants for any virtually and worthwhile purpose
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