MN House Chopping Downpayment Assistance

In the most bizarre turn of events, when every other goverment agency is handing out money by the bucket-full, the Minnesota House voted on Wednesday to cut Downpayment assistance by 66%. This could result in 200 less homeowners getting downpayment assistance. Read more about it at Alec Grebis’s Mortgage Scoop.

1 comment

#1minneapolis loftsApril 27, 2009, 9:30 am

This is not a good idea. We need to be doing everything we can to help legitimate borrowers purchase homes. I will check out Alec’s blog here. Thanks!

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