Javier Gumucio from the Illinois Housing Development Authority talks about their new program that will pay eligible Illinois residents 15% -- up to $40,000 -- of the purchase price of a new home to help pay off their student loan debt.
What to do if not enough people are buying homes in your state due to past government policy and financial mismanagement?
The government has two ideas and rest assured the government will not disclose the proportional overlapping debt (pensions, retiree healthcare, bonds, notes, past due bills etc.) attributed to those that participate in the programs.
How about those that have been dutifully paying their mortgages for the last 20 years?
So, someone cannot handle a student loan.
And government thinks this is the best cadre to give a longer term housing loan to?
With all the unforeseen costs and fees associated.
Logic and reason are fleeting from the pandering class.
A largely unasked question is becoming glaring: Is Illinois doing all it should to use artificial intelligence to make government cost less and work better? So far, the evidence says no.
This is just another way for the fascist left to fund Big Education, it’s training ground for the next generation of fascists
The referenced IHDA program is called SmartBuy and there is another IHDA program called Opening Doors.
http://www.ihdamortgage.org
What to do if not enough people are buying homes in your state due to past government policy and financial mismanagement?
The government has two ideas and rest assured the government will not disclose the proportional overlapping debt (pensions, retiree healthcare, bonds, notes, past due bills etc.) attributed to those that participate in the programs.
How about those that have been dutifully paying their mortgages for the last 20 years?
Dreamers are eligible for free money.
Equity over equality.
Oh the irony of the double meaning of equity.
So, someone cannot handle a student loan.
And government thinks this is the best cadre to give a longer term housing loan to?
With all the unforeseen costs and fees associated.
Logic and reason are fleeting from the pandering class.
Wage slave, debt slave, dependency slave