redneckin

I wonder what the default rate is?

What got us into the financial trouble we're in now?
A housing bubble where people that couldn't afford their houses were encouraged with loans, grants and tax dollars to buy.

Columbus is busy trying to blow up the burst bubble with more taxpayer dollars going to many who pay nothing in income taxes.

The dream of owning a home was kept alive for about 20 homebuyers on Tuesday when Columbus Council agreed to seek $160,000 to shore up depleted funds in its home program.

Under the home program managed by the city, first-time homebuyers with low- to moderate-income may apply for grants of $5,150 or $10,150 in redevelopment areas if they meet certain requirements.




posted at 10:53:19 on 06/16/10 by Chuck Myguts - Category: General

Comments

No comments yet

Add Comments

Emoticons
biggrin ! ? cool confused idea lol oops cry twisted arrow eek
evil frown mad wink neutral razz rolleyes surprised
[url=http://xxxxxxx]Text Link Example [/url]



Allowed BBCode:[b] [i] [u] [color=] [size=] [quote] [code] [email]