The President met with Lois Curtis, one of the original plaintiffs of the Olmstead v. L.C. case, ruled June 22, 1999, by the Supreme Court that, under the Americans with Disabilities Act of 1990 (ADA), the unjustified institutional isolation of people with disabilities was a form of unlawful discrimination and affirmed the rights of Americans with disabilities to live independently. Source
The President delivered remarks at two DNC events at the Mandarin Oriental Hotel in Washington, DC. Transcript #1 Transcript #2
The White House Council of Economic Advisors (CEA) released a report on the benefits of foreign-based companies investing in the United States.
The Department of Housing and Urban Development (HUD) announced homeowners in 27 states have until July 22, 2011 to file preliminary applications for the Emergency Homeowner's Loan Program (EHLP) money provided in the Dodd-Frank Wall Street Reform and Consumer Protection Act . Eligible homeowners can obtain interest-free loans of up to $50,000 to help cover mortgage expenses for up to two years. Eligibility standards:
1) You're (involuntarily) unemployed or underemployed after losing a job or because of a serious medical condition.
2) You're at least 90 days delinquent on your mortgage payments on your primary home.
3) You've received a notice of foreclosure.
4) Your income has dropped by at least 15%.
5) You're likely to be able to resume home payments within two years.
6) You meet the income eligibility criteria. Roughly, that's if your household income in 2009 was at or below $75,000 a year or 120% of the area median income for a household size of four.
Approved homeowners will get one-time help to become current on overdue mortgage costs and make monthly (first lien) mortgage payments (including principal, interest, taxes, and insurance) for a maximum of two years or $50,000.
The loan becomes a junior lien against the borrower's home. No payments on the loan are due for five years if the borrower stays current on mortgage payments and meets other requirements. After that, the loan balance is reduced by 20% a year until nothing is owed and the junior lien is eliminated.
The loans are available only in 32 states and Puerto Rico. Participating states: Alaska, Arkansas, Colorado, Connecticut, Delaware, Hawaii, Idaho, Iowa, Kansas, Louisiana, Maine, Maryland, Massachusetts, Minnesota, Missouri, Montana, Nebraska, New Hampshire, New Mexico, New York, North Dakota, Oklahoma, Pennsylvania, South Dakota, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin and Wyoming.
In addition, the five states of Connecticut, Delaware, Idaho, Maryland and Pennsylvania have established their own anti-foreclosure programs that are similar to EHLP and are receiving funds through the EHLP program. Residents of those states may apply for assistance through their state housing agency or similar agency.
To start the pre-screening process:
1) Fill out the pre-screening questionnaire beginning in the middle of this page.
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