Nehemiah Corp. of America isn't slinking away after Congress and President Bush banned down payment assistance gifts in the recent housing bill.
The nonprofit giant that pioneered the concept here in the 1990s announced just minutes ago a Web campaign to help mobilize industry support for a bill introduced July 31 to keep down payment assistance alive.
Right now it's set to expire Oct. 31.
Says Nehemiah President and CEO Scott Syphax, in a statement: "More than 75,000 letters have already been generated through this campaign. We expect to top 250,000 individual actions in the next 50 days, all helping us to save and reform SF-DPA for the millions of potential homebuyers who need this important program, in addition to the industry members who rely upon this assistance to help candidates worthy of homeownership."
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