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- The
Congressional Budget has a initiative called the "American
Dream Down Payment Fund" to help low income people
with their down payment on a home of their own. Check
the local HUD office for more details.
- The
Section 8 voucher program has been expanded to provide
low income renters with the opportunity to become homeowners.
Check with the local public housing authority for more
details.
- Affordable
Housing Developers are receiving additional subsidies
from an unlikely source, the public utility services,
for energy efficient building strategies. Many utility
companies operate an Energy Efficient Homes program
that awards developers with financial incentives for
homes that are energy efficient. To identify which utility
companies in which state have such a program, check
the website, www.eren.doe.gov/consumerinfo/forhome.html.
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