Sections Explained: Summary

Overview of Program The plan combines large tax breaks for homebuilders and a $7,500 tax credit for peoplewho buy foreclosed properties, as well as $4 billion in grants for communities to buy and fix up abandoned homes. Help families keep their homes by increasing pre-foreclosure counseling funds, expanding refinancing opportunities, and amending the bankruptcy code to allow the modification of nontraditional and sub prime mortgages on primary residences; Help communities impacted by foreclosures… More information...

User:	hopeforhomeownersprogram
Page:	www.hopeforhomeownersprogram.org (?)