January 7, 2009

What You Need to Know

The Fix Housing First Coalition is a diverse group of housing stakeholders – including homeowner and community groups, home builders and manufacturers – dedicated to addressing the root cause of our economic troubles. The coalition is advocating for a short-term incentive for qualified home buyers that would stop the fall in home values, restore consumer confidence, create jobs and lift our entire economy. What are some proposed solutions?

    1) Continue and enhance Foreclosure Prevention measures to keep people in their homes, help stabilize home prices and bolster the economy,
    2) Implement a viable foreclosure plan to help stabilize the housing market. Millions of mortgages are already underwater and more adjustable rate mortgages are due to reset over the next thirty six months,
    3) Enhance the Home Buyer Tax Credit, and
    4) Create below market 30-year fixed-rate mortgage for home purchases.

How can you participate? The Paulding County Builders Association has form letters ready to send to our Congressmen. All you have to do is provide the letterhead and we’ll handle the rest. For more information, contact the PCBA office at 770-443-8472. For more information on the FHF coalition, visit www.fixhousingfirst.com.

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PO Box 921 -- Dallas, GA 30132 -- pcba@pauldingcountyhomes.com