Grant America Program Approved by HUD
The only government grant program to be reviewed and approved for use in conjunction with FHA loans.
April 15, 2008: Indian Island, ME – The Penobscot Indian Nation proudly announces that they have received long awaited approval from the Department of Housing and Urban Development for the Grant America Program […]

The April 9, 2008 article, “Looming Deficit Impedes Federal Housing Agency”, is nothing more than a propaganda piece pushed out by the desperate leadership which is remaining in HUD. This evidenced by the fact that the article fails to mention that FORMER Secretary Alphonso Jackson had been forced to resign amid swirling allegations […]

Judge Friedman ruled in favor of the Penobscot Indian Nation and Ameridream in the case involving the rule put out by HUD banning the use of down payment assistance on FHA loans. This ruling gives added arguement against HUD if they were to try to propose a new rule. Another big victory for down payment […]

In a ruling by Judge Karlton ruled in the Nehemiah case of Nehemiah v. Alphonso Jackson that the HUD rule is to be set aside. This means if HUD wants this or similiar rule they will have to go through the whole rule making process again. Alphonso Jackson was also disqualified from participating in any […]

The down payment assistance groups still await the decision from Judge Friedman on the HUD rule. The stay on the rule will be in place until he rules. He remarked that he would try to have this done by Feb. 29th but that is not a drop dead date. DPA will still be able to […]

On October 31st 2007 a federal judge issued an order stopping the Department of Housing and Urban Development from enacting a rule prohibiting seller-financed mortgage down-payment assistance programs. This comes from two seperate suits filed against HUD. One suit was filed by Ameridream and the second by the Penobscot Indian Nation Grant America Program. Nehemiah […]

Here is a copy of the suit Ameidream’s versus HUD

AmeriDream filed its lawsuit in the U.S. District Court for the District of Columbia. Nehemiah filed its suit on Sunday at the U.S. District Court for the Eastern District of California. The suits called the rule “arbitrary,” “capricious” and contrary to the FHA’s mission of insuring mortgages for those who can’t get conventional loans.
The […]

Federal Register: October 1, 2007 (Volume 72, Number 189)]
[Rules and Regulations]
[Page 56001-56007]
From the Federal Register Online via GPO Access [wais.access.gpo.gov]
[DOCID:fr01oc07-18]
[[Page 56001]]
———————————————————————–
Part IV
Department of Housing and Urban Development
———————————————————————–
24 CFR Part 203
Standards […]

Federal Register: October 1, 2007 (Volume 72, Number 189)]
[Rules and Regulations]
[Page 56001-56007]
From the Federal Register Online via GPO Access [wais.access.gpo.gov]
[DOCID:fr01oc07-18]
[[Page 56001]]
———————————————————————–
Part IV
Department of Housing and Urban Development
———————————————————————–
24 CFR Part 203
Standards […]