Housing Program (Houston, Humble: middle-class, foreclosed, HOA)

[Silence4me2]

I was hoping someone can help me. I heard about a housing program that will give you a house for $1 a month for a few months after that you will be paying regular payments to own the house. It is a good house because a friend of mine knows someone that received one but she doesn't really know the name of the program. =/ Supposedly she was on the waiting list for about a year. She received her house in the Humble area. She said it was Fanamay or Fanamae program. I don't know she could be wrong. Does anybody by any chance know the website? I tried to google it but no luck. Thanks in advance.

[Mr. Football]

How does one go about 'recieving' one of these houses?

Wow! Looks as if the Federal Government is now subsidizing Middle Class lifestyles. What a great deal! Is this available for everyone or just people who don't work? While most taxpaying Americans have to work their asses off to put up thousands for closing costs....they could've just said they were upstart welfare-junkies and gotten it for a buck!

Sounds like a very generous program. I'd jump on it while you can.

[Kimbercuddles]

I believe you may be referring to Fannie Mae loan programs. Don't know much about them at all, but have heard the name.

[Soon2btexan]

Originally Posted by Mr. Football

How does one go about 'recieving' one of these houses?

Wow! Looks as if the Federal Government is now subsidizing Middle Class lifestyles. What a great deal! Is this available for everyone or just people who don't work? While most taxpaying Americans have to work their asses off to put up thousands for closing costs....they could've just said they were upstart welfare-junkies and gotten it for a buck!

Sounds like a very generous program. I'd jump on it while you can.

Your being a little harsh aren't you? First of all you don't even know what the program actually is, why would you automatically be so negative. Also what about someone who has recently lost a spouse and has a couple kids and needs help getting back on their feet? What about the working poor who have 2 and 3 part time jobs just to make ends meet? Not everyone who partakes in these programs is some lazy slob. To even qualify for these loan programs you have to have an income and usually volunteer with the association for a good long time. The people who end up with these houses have put in a lot of blood sweat and tears. They also have to pay for them they just don't have to come up with a huge down payment.

[Mr. Football]

I know of an area neighborhood that had major problems with the people who were "awarded" these houses (foreclosed homes taken off the market and given to 'select' families who otherwise could not afford them at drastically reduced rates) , property crimes shot up dramatically following their arrival. Break-ins, car theft, sexual assaults...etc occuring in (typically) very very low crime areas, where this type of thing isn't tolerated.

Many of these people quickly broke the HOA rules meant to enforce high-standards to protect property values for its residents. They'd stack in all of their relatives in these single-family homes, with as many as 6 cars parked in the streets or on the driveway. They would'nt do any work to maintain their property, creating eyesores...despite having been given extra money to fix-up and maintain these properties.

Traditionally nice middle-class family neighborhoods with hard-working taxpayers (many of whom are probably just making ends meet on their own) who resent this backdoor loophole that has enabled people using gov't assistance to enjoy the same lifestyle they've had to work so hard for...they get it for $1.

Add to that the overall environment of fraud and abuse surrounding the entire Hurricane Katrina/Rita fiasco, its sickening to me as a taxpayer. While surely some of these people might be good people who simply need a leg up, I really don't wish to see Houston become a huge magnet for more lowlifes simply seeking to get something for nothing.

Houston is a very welcoming city to all races, creeds and colors, but as Mayor Bill White said, Houston is a working town. We work. Don't come here if you're not going to work and contribute to our city.

That's fine with me.

[Silence4me2]

Originally Posted by Kimbercuddles

I believe you may be referring to Fannie Mae loan programs. Don't know much about them at all, but have heard the name.

I believe that is it. I must have had trouble looking for it because of my wrong spelling. Thank You. I will look it up.

Originally Posted by Mr. Football

I know of an area neighborhood that had major problems with the people who were "awarded" these houses (foreclosed homes taken off the market and given to 'select' families who otherwise could not afford them at drastically reduced rates) , property crimes shot up dramatically following their arrival. Break-ins, car theft, sexual assaults...etc occuring in (typically) very very low crime areas, where this type of thing isn't tolerated.

Many of these people quickly broke the HOA rules meant to enforce high-standards to protect property values for its residents. They'd stack in all of their relatives in these single-family homes, with as many as 6 cars parked in the streets or on the driveway. They would'nt do any work to maintain their property, creating eyesores...despite having been given extra money to fix-up and maintain these properties.

Traditionally nice middle-class family neighborhoods with hard-working taxpayers (many of whom are probably just making ends meet on their own) who resent this backdoor loophole that has enabled people using gov't assistance to enjoy the same lifestyle they've had to work so hard for...they get it for $1.

Add to that the overall environment of fraud and abuse surrounding the entire Hurricane Katrina/Rita fiasco, its sickening to me as a taxpayer. While surely some of these people might be good people who simply need a leg up, I really don't wish to see Houston become a huge magnet for more lowlifes simply seeking to get something for nothing.

Houston is a very welcoming city to all races, creeds and colors, but as Mayor Bill White said, Houston is a working town. We work. Don't come here if you're not going to work and contribute to our city.

That's fine with me.

I know you're not reffering to my friend or atleast I don't think you are. I understand that people take advantage of things but this is not the case. Besides you NEED to work in order to have a house like that. It is not like they are giving it to you for free. You do have to pay the house off.

[Kimbercuddles]

Originally Posted by Silence4me2

I believe that is it. I must have had trouble looking for it because of my wrong spelling. Thank You. I will look it up.





I know you're not reffering to my friend or atleast I don't think you are. I understand that people take advantage of things but this is not the case. Besides you NEED to work in order to have a house like that. It is not like they are giving it to you for free. You do have to pay the house off.

I'm glad I was able to help, even just a little. Good luck to you and your family.

[David Pristupa]

Originally Posted by Silence4me2

I was hoping someone can help me. I heard about a housing program that will give you a house for $1 a month for a few months after that you will be paying regular payments to own the house. It is a good house because a friend of mine knows someone that received one but she doesn't really know the name of the program. =/ Supposedly she was on the waiting list for about a year. She received her house in the Humble area. She said it was Fanamay or Fanamae program. I don't know she could be wrong. Does anybody by any chance know the website? I tried to google it but no luck. Thanks in advance.

Check with HUD or the Housing Authority in your locale. Perhaps some of the banks might have some ideas. Be cautious of stand alone newpaper ads

[Silence4me2]

Originally Posted by Kimbercuddles

I'm glad I was able to help, even just a little. Good luck to you and your family.

Thank you, I am really grateful.

Originally Posted by David Pristupa

Check with HUD or the Housing Authority in your locale. Perhaps some of the banks might have some ideas. Be cautious of stand alone newpaper ads

Thanks for the info.