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DPAGroundswell

www.myspace.com/dpagroundswell

reforming Downpayment Assistance!Mood: HR 600 HR 600Posted at 6:18 PM Apr 7 view more

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  • DPA Groundswell

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Interests

  • General

    Helping people become homebuyers. Helping Real Estate Agents, Loan Officers and Sellers find more prospective homebuyers. Expanding homeownership nationwide.

  • Music

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    DPAGroundswell Group on Facebook

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  • Television

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  • Books

    HR 600

Blurbs

About me:

Downpayment Assistance Works

DPA programs assist working-class Americans who can afford monthly mortgage payments but need help with the initial downpayment on their homes. Since 1997, downpayment assistance has helped more than one million families realize the dream of homeownership. Act now to restore a vital program that brought the American dream into reach for tens of thousands of families each month.

FHA loans originated in conjunction with DPA are not sub-prime.
They allow hard-working, credit-worthy American families who can afford their monthly mortgage payments the opportunity to purchase homes. All homebuyers must qualify for FHA loans.

Almost all DPA-assisted Americans are successful homeowners.
According to United States Government Accountability Office (GAO) research, more than nine out of ten Americans who purchased their homes with DPA are succeeding in meeting their payments.

Homes purchased with DPA drive wealth and tax generation.
Between 1997 and 2005, $12.3 billion has been generated in taxes for state and local governments just through the purchases of 150,000 new homes—and this number represents less than one-sixth the total number of DPA-assisted home purchases.

Zero tax dollars are used to fund DPA programs.


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Comments

Displaying 13 of 13 comments
  • I LOVE YOU CODIE always…

    May 3 2009 5:13 PM

    We need to fight to help people achieve the american dream.
    Everyone deserves it !
    Joanne Olson
    Realtor
    Ft Myers Florida
  • ♪♪ Melyssa ♪♪

    May 3 2009 5:13 PM

    Go Groundswell !!! I'm banking on it to pass, it will pass!! I need to buy my first home, but my opportunity was taken away from me just before I was ready. I have signed the petitions and written to my representatives. When it's my turn to sell that home, you ca bet I'll be a seller that helps a first time buyer!! Thank you for all that you're doing.
  • SeeShell

    May 3 2009 5:13 PM

    What does a girl gotta do to get DPA back??!! Thanks for helping fight the good fight!
  • MarleneMarlene Vallee

    Feb 5 2009 2:52 AM

    DPA: "Do Protect America" with DPA "Down Payment Assistance! Go Groundswell.
  • NicNicole Learned

    Feb 3 2009 5:43 PM

    U.S. new home sales fell in December to lowest level on record. This is just one of the recent news articles showing that the elimination of downpayment assistance last October has had a broad ripple effect on the entire economy. Read more by visiting www. dpagroundswell. org, and click on "DPA Casualties.
    "
  • ♥Mrs. Coffey♥Diana Coffey

    Feb 2 2009 6:57 AM

    I took action and contacted my Elected Officials!
    I'm telling everyone I know to do the same.
  • YOUR First Time Homebuy…jane loveday

    Jan 31 2009 2:01 AM

    Thank you! A very important message needs to be sent out and I applaud you for working on this!

    Jane
  • jennJennifer Ballheimer

    Jan 31 2009 5:52 AM

    I am a part of the reform!!! Tryin to help everyday!!!!
  • The Mortgage Guru of At…Xavier Williams

    Jan 30 2009 6:51 PM

    Fighting for DPA! Support H.R. 600!

    Xavier Williams
    NewStar Mortgage
  • NicNicole Learned

    Jan 30 2009 4:54 PM

    Downpayment Assistance Programs = Economic Growth! DPA created $38.6 billion in revenues, 235,000 jobs and $4.6 billion in tax revenues last year. Read more at http://www. dpagroundswell. org/news/news. cfm?newsID=98.
  • ChandraChandra Jones

    Jan 29 2009 7:02 PM

    I support HR 600! I've emailed my elected officials, and I'm telling everyone I know! We need DPA! Stimulate the economy! Bring back DPA!
  • MORTGAGE DIVABrandi Green

    Jan 28 2009 5:13 PM

    Thank you so much for helping to Reform! You have my full support. PLEASE, EVERYONE RALLY!!
    God Bless
  • ≈Ł♥VễĐ βγ mÅņỸ...ĦąŦ∉đ …Evonne Garibay

    Jan 27 2009 10:42 PM


    I contacted my two Senators and House Representative and told them to support the new, bi-partisan Bill H.R.
    600 to restore and reform DPA!