As we have reported in prior posts, AmeriDream, Inc., one of the largest non-profit downpayment assistance providers has been in a legal battle with HUD over the proposed rule, issued October 1, that would essentially stop these organizations from providing downpayments to low and moderate income homebuyers effective October 30, for all but one provider. AmeriDream immediately filed a preliminary injunction to have the date extended, and was successful!. AmeriDream will continue to provide downpayment gifts through February 29, 2008. We congratulate AmeriDream on their commitment to helping low and moderate income American attain the dream of homeownership, and wish them success as the work continues to have the HUD rule ultimately overturned. "