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Down Payment Assistance Ban Alters Housing Market | Add Comment

DPA Wins Injunction 11/6/2007

All- This is to notify you that FHA is not permitted to implement the downpayment assistance rule at this time. Judge Friedman of the United States District Court for the District of Columbia issued a ruling enjoining HUD from implementing the downpayment assistance rule, which was to go into effect today. This injunction is applicable to everyone affected by the Rule. HUD will provide further guidance as appropriate. To read the downpayment assistance rule (enjoined) in its entirety and for more information please visit: http://hudclips.org/sub_nonhud/cgi/pdf/4846a.pdf

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