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Proposed Federal Budget Could Affect Down Payment Assistance

Posted on September 8, 2015 by Ray Williams (NMLS #216267).

Congress will consider the new Federal budget in the next few weeks.  A 93% REDUCTION/CUT in the HOME Program is being considered as part of the current budget.  CHAC uses HOME funds for many of our down payment assistance loans.    A cut in HOME funding would seriously impact our ability to assist home buyers in the future.  We are asking you to contact your Senator and Congressman or Congresswoman to let them know about the benefits of HOME funding and its importance in our communities.   Links to the Colorado Senators and House Representatives are below. 

 Remind your friends and family too! 

 Thank you.




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