With the DPA ban right around the corner, Nehemiah and AmeriDream are still fighting. As the Charlotte Observer noted, Nehemiah has permission to continue doing business until April 2008 and AmeriDream until February. Presumably, they will keep fighting after that.

Likewise, HUD will allow Gaithersburg, Md.-based AmeriDream to offer seller-funded down payments through February. The agreement is part of a way to speed along litigation, HUD and AmeriDream said.

In their lawsuits against HUD, AmeriDream and Nehemiah say the department violated government rules. The organizations also note competing bills in Congress. A House bill would allow seller-financed down-payment assistance; a Senate bill would eliminate the practice.

Side Note: If you read the article please note how the the headline puts quotes around “gifts.” Although the journalist does not come out and say “Ha, this is a horrible misuse of the word gift.” I think the headline says it all.

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