Tuesday, August 28, 2007

Nobody gave me backdated options

. . . perhaps that is the reason for the size of my house? Any Donkey received the following e-mail. The zip code "95763" is for the post office boxes in Folsom, whereas street addresses in Folsom are "95630". Not sure if the $102,000 is the total available or what?
Note: Offered to homeowners in certain census tracts in your Zip code 95763. Non-homeowners can also benefit from subsidized rent in their current apartment.
Date: August 25, 2007 Folsom
Dear "Any Donkey" Please be advised that after review of your communities housing demographics, you may meet the requirements to benefit from the Community Reinvestment Act (CRA)program. This program can help homeowners located in certain census tracks in your Zip code 95763.
Example of Funds available in Zip Code 95763: $102,000 for $340 per month for
homeowners. Also available if your monthly payments are set to or have already been adjusted upwards. $556 per month (avg) subsidy for renters (non-homeowners)
About the CRA: The Community Reinvestment Act was enacted by the United States Congress in 1977 and is intended to encourage banks to lend money and approve loans for minorities, disadvantaged and low to medium income individuals.The purpose of this notice is to help you reduce your monthly payments regardless if you are a homeowner or a renter in certain census tracks in Zip code 95763.
This notice is being sent to "Any Donkey" as a public education campaign and is not associated with a department of the US Government. For more information on the CRA, visit http://www.FederalReserve.gov/dcca/cra

No comments:

Personal Blogs - Blog Top Sites