Carol Parker-Perez's (carolp654) Blog

In a ruling in DC District Court yesterday, AmeriDream, a Gaithersburg, Maryland non-profit DPA provider,  almost singlehandedly defeated HUD and blocked the implementation of the October 2007 rule by HUD that would have eliminated the DPA industry.   Click here to see the entire order.With the r...

As reported in prior posts, AmeriDream, Inc., one of the largest non-profit downpayment assistance providers has been in a legal battle with HUD over the proposed rule, issued October 1, that would essentially stop these organizations from providing downpayments to low and moderate income homebuy...