What does ADDI stand for?

He attended the first-time homebuyer training program with the CDC and is a participant in the American Dream Downpayment Initiative, which provided down payment and closing cost assistance.

The American Dream Downpayment Initiative (ADDI): $50 million to help first-time homebuyers pay for down-payment and closing costs, the largest obstacle to homeownership.

This includes $53,822 for the American Dream Downpayment Initiative, a program to increase the homeownership rate, especially among lower income and minority households, and to revitalize and stabilize communities; $884,454 for the HOME Investment Partnerships Program, designed to produce affordable housing for low-income families; and $1.

As a presidential candidate for the White House in 2000, Bush proposed the American Dream Downpayment Initiative and made it a centerpiece of his homeownership agenda once he took office.

The American Dream Downpayment Initiative will give first-time homebuyers assistance grants of up to $10,000, or 6 percent of the home's purchase price, whichever is greater.

The American Dream Downpayment Initiative will give first-time homebuyers assistance grants of up to $10,000, or 6 percent of the home's purchase price, whichever is greater.

The funding will be provided from four HUD grant programs: $11,024 from the American Dream Downpayment Initiative, which provides down payment and closing cost assistance to low-income and minority households; $252,466 from the Emergency Shelter Grants program, which will improve the quality of emergency homeless shelters; $1,687,878 from the HOME Program, to expand the supply of affordable housing to low- and very low-income families; and $5,715,632 from the Community Development Block Grant program, which aids communities by expanding housing and economic opportunities for low- and moderate-income individuals.