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Housing Affordability Update:

Attendees numbered near 100 for the Fall Housing Affordability Update, gathering the latest information on available products/financing from local organizations. Kevin Nunn, Vice Chair of the Housing Opportunity Committee, explained the ins and outs of such programs as FHA, CalHFA, CalVet, NeighborWorks, the MCC and others. Kevin received help with certain topics, calling on Bobbi Glassell for information on the Energy Efficient Mortgage (EEM) and Scott Short to provided insight on CalPERS. Members of the audience were given a chance to have their questions answered by the speakers. Local organizations including Golden1, NeighborWorks, CalVet, Wells Fargo, EEM, the Sacramento Home Loan Counseling Center and others were on site to continue answering questions of the audience. If you were unable to attend this event and would like information on what was discussed, please contact Tony @ 916-437-1205.  

Continue reading: Housing Affordability Update: “Show Me The Money” a success!

Important Update on Tax Credit

Senate leaders of both parties and key Senate Finance Committee members and staff, and tax credit sponsors Dodd-Liberman-Isakson have agreed on extending and expanding the housing credit.

However, there is no agreement on how to attach this tax credit to the pending Unemployment Insurance bill, or whether to offer the tax credit agreement on [...]