Home Ownership Unlocks America's Economy
Posted by Super Admin on Tuesday, February 10th, 2009 at 10:41am.To unlock America's economy, it is imperative that Congress take action and restore consumer confidence in homeownership. We are calling on Congress to stabilize housing by making affordable mortgages available and stemming foreclosures. Specifically, Congressional legislation must include:
* The $15,000 homebuyer tax credit that was proposed by Senators Isakson (R-GA), Lieberman (I-CT) and Dodd (D-CT).
* Permanent FHA, Fannie Mae and Freddie Mac loan limits that match the levels enacted in 2008.
* Increased resources for foreclosure mitigation efforts to stem the flood of foreclosures.
Housing has always lifted our economy out of past downturns. Revitalizing the housing market is the solution once again. The Fairfax and Arlington, Va region must lead that effort.
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