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Article: REPS. MILLER, GREEN RESPOND TO COURT DECISIONS STRIKING DOWN HUD DOWNPAYMENT ASSISTANCE RULE
- Article from:
- US Fed News Service, Including US State News
- Article date:
- March 6, 2008
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Rep. Gary Miller, R-Calif. (42nd CD), issued the following news release:
On October 1, 2007, the Department of Housing and Urban Development (HUD) issued a rule barring downpayment assistance providers from participating in the Federal Housing Administration program. In response to a pair of federal court decisions this week striking down the HUD rule, Representatives Gary G. Miller and Al Green issued the following statement:
"This week's rulings give legitimate downpayment assistance programs a new lease on life. Together these crucial programs have helped more than a million low and middle income families achieve the dream of home ownership. Rather than eliminate downpayment assistance ...