NOAAH, AmeriDream Join Forces

The National Organization of African Americans in Housing has announced a partnership with AmeriDream Inc., Gaithersburg, Md., to pursue activities aimed at boosting minority homeownership nationwide.NOAAH sponsors a Certified Homebuyer Preparation Network initiative that works with mortgage lenders, insurers, investors, and educators to help deliver prime-priced home loans to underserved communities. AmeriDream's Downpayment Gift Program has provided downpayment gifts to more than 100,000 low- and moderate-income individuals and families. The organizations said they hope the partnership will make them more effective in their efforts to close the gap in homeownership rates between minorities and low-income groups and the national average. AmeriDream can be found online at http://www.ameridream.org.