2004-06-10 Media Release

Date: June 10, 2004

Contact: Brandon Laster, 816-759-6692

Governor proclaims June as National Homeownership Month

Missouri Governor Bob Holden has proclaimed June as National Homeownership Month in the state. An official proclamation was presented to U.S. Housing and Urban Development Secretary Alphonse Jackson during a town hall meeting June 5 at Adams Park Community Center in St. Louis.

Homeownership Month promotes homeownership and its many social and economic benefits. Homeownership Month focuses attention on homeownership issues and the information people need to achieve the American Dream. The events also serve to build support for the policies that have made homeownership a national priority in the United States.

Missouri Housing offers First Place Loans, a first-time homebuyer program; down payment assistance and home repair in some rural areas; and will unveil its new American Dream Downpayment Initiative program this summer. Each of these programs has income restrictions and is based on the availability of funds. More information is available through the MHDC Web site at www.mhdc.com.

Expanding homeownership opportunities and the availability of affordable homes for Missouri citizens strengthens our families financially, increases individual dignity, and improves our quality of life,” said Don Brinker, MHDC Homeownership Manager.

MHDC programs are offered through partnerships with participating lenders, community action agencies and other nonprofit organizations. Additionally, staff works closely with local real estate professionals to ensure the program reaches low and moderate income citizens who may be eligible.

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NOTE TO EDITORS: Media representatives are urged to contact their local lenders, real estate professionals and community leaders regarding homeownership, home repair and down payment assistance programs available in your area. Representatives of USDA Rural Development, HUD, Fannie Mae and local community development organizations are also prime contacts for homeownership stories. Direct your questions regarding MHDC programs to Brandon Laster, Public Information Officer, at 816.759.6692 or e-mail blaster@mhdc.com. If you would like to receive this release by e-mail in rich-text format, please email blaster@mhdc.com and provide us with the appropriate e-mail address. Don Brinker (MHDC Homeownership Manager) is also available for electronic media interviews and talk shows.