On the Road Across America
Tuesday, June 17, 2003
A Daily Journal from the Homeownership Express!
Governor Jeb Bush met up with the "Homeownership Express"
in Florida's capitol city to deliver some great news to first-time
homebuyers in the Sunshine State: $50 million in low interest-rate
mortgages to help Florida families make the move into homeownership.
is also making up to $15,000 in down payment and closing cost assistance
available to eligible participants. A family's inability to come
up with enough cash to meet the up-front costs of buying a home
remains the biggest barrier to homeownership.
homeownership continues to strengthen Florida families by providing
them with a sense of pride and independence," said Governor
Bush. "The dollars released today by the Florida Housing Finance
Corporation will help hundreds of families realize their dreams."
Governor was joined by Tallahassee Mayor John Marks, Florida Secretary
of Community Affairs Colleen Castille, Florida Housing's Executive
Director Orlando Cabrera, and Ginnie Mae President Ron Rosenfeld.
Each described the many ways in which homeownership is strengthening
Tallahassee's families and the community as a whole.
Butler - a Tallahassee-area, first-time homeowner who was speaking
in public for the very first time - truly captured the spirit of
the day when it was her turn in front of the microphone.
the Homeownership Express and Florida's Capitol building behind
her, Toshia spoke movingly about realizing the American Dream of
homeownership, echoing the sentiments of many of the new homeowners
the Express has met up with during the first two weeks of its cross-country
became a homeowner with the help of down payment assistance she
received from the Florida Housing Finance Corporation, as well as
homeownership education and flexible mortgage financing options
provided through various national, state, and local partners.
Bureau statistics show that, although record numbers of Americans
own their own homes, a gap persists between the homeownership rates
of minorities and non-minorities. By a significant margin, African-American,
Hispanic, and Asian American families are less likely to own their
own homes. During today's ceremony, Mayor Marks unveiled a Homeownership
Month proclamation, rededicating the City of Tallahassee to narrowing
the homeownership gap and helping more area residents achieve the
Mae President Rosenfeld highlighted the Bush Administration's commitment
to increasing homeownership, especially among minorities, and discussed
some of the exciting efforts underway to help meet the President's
goal of creating 5.5 million new minority homeowners by the end
of this decade.
Celebrating Jacksonville's partners in homeownership.
Content Archived: May 3, 2010