AmeriDream Charity Changes Name

The AmeriDream Charity Inc., Gaithersburg, Md., a nonprofit provider of downpayment assistance to low- and moderate-income homebuyers, has changed its name to AmeriDream Inc.The organization was founded in 1999 with the establishment of The AmeriDream Downpayment Gift Program. It also operates The AmeriDream Redevelopment Program, which renovates and rehabilitates distressed properties and returns them to the market at prices affordable to low-mod homebuyers. Ann Ashburn, AmeriDream's chief executive officer, said the name change is intended to "better reflect the diversity" of the organization's programs. "We will continue to operate the Downpayment Gift Program, which has helped more than 95,000 families nationwide become homeowners since 1999," Ms. Ashburn said. "In addition, we are developing new programs every day, each committed to making homeownership a reality for every American." The organization can be found on the Web at http://www.ameridream.org.