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Article: Nehemiah Corporation of America Reaches $1 Billion Milestone in Private Downpayment Assistance Gifts
- Article from:
- U.S. Newswire
- Article date:
- January 24, 2008
CopyrightCopyright 2008 U.S. Newswire. Provided by ProQuest LLC. (Hide copyright information)
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To: NATIONAL EDITORS
Contact: Emily Porro of Sloane & Company, +1-212-446-1874,
eporro@sloanepr.com, for Nehemiah Corporation of America
SACRAMENTO, Calif., Jan. 24 /PRNewswire-USNewswire/ -- Nehemiah
Corporation of America, the oldest and largest provider of private
downpayment assistance in the United States, today announced that
the non-profit has provided more than $1 billion in mortgage
downpayment assistance through The Nehemiah Program(R). Initiated in
1997, The Nehemiah Program(R) has helped over 250,000 minority and
low to moderate income families become homeowners to date. The
Program reported substantial growth in 2007 as banks and mortgage
lenders abandoned risky products once ...