| Jamie Dupree |
Stimulus Money For ACORN?
The simplest technical answer is - no.
Republicans have accused the Democrats of funneling money indirectly through the stimulus bill to ACORN, but you can't find any specific mention of that group anywhere in the hundreds and hundreds of pages of legislation.
In the bill approved by the House, there was a $4.19 billion provision for a "Community Development Fund," that had Republicans aggravated.
They claimed that the money, which would go to "neighborhood stabilization activites related to emergency assistance of abandoned and foreclosed homes" could go to ACORN.
In the Senate bill, that provision was not in the bill, as instead the section dealing with foreclosure aid was written differently.
In the original version of the Senate bill, there was $2.25 million for "neighborhood stabilization."
That drew the ire of Sen. David Vitter of Louisiana, who tried to get the Senate to explicitly say that no money could go to ACORN for any purpose from the stimulus bill.
On a vote of 51-45 (amendment 107) the Senate refused to approve Vitter's amendment.
But going one step further on this subject, the $2.25 million provision that was in the original Senate bill has disappeared in the deal that was worked out between three GOP Senators and Democrats last week.
There is no mention of "neighborhood stabilization" anywhere in that version of the bill, which will be approved on Tuesday by the Senate.
I read through the mishmash of provisions about housing, but didn't see anything that looked like the maybe-ACORN-maybe-not-ACORN language.
So is there Stimulus Money for ACORN?
I'm going to stick with my original answer. No.
Could some money still get to ACORN? I'm sure that's possible.
Then again, money in this stimulus bill could get to just about anything.
What others are saying
- AcornPeople are so uninformed about ACORN. Much of the work that ACORN has done is very useful and has helped many lower income people be able to own homes. Home ownership helps all of us - lowers crime etc. Many of the local ACORN offices are well run and staffed by hard working honest people.
That said, of course there are bad seeds everywhere. Yes, there are issues with ACORN and with many similar groups. However, ACORN is NOT the problem. The problem is GREED. The mortgage companies and banks should have known who they could/could not write mortgages for. For a number of years after the CRRA was signed this was not an issue. It was once these greedy companies were left free to do whatever they pleased that this became a case of anyone who could spell their name getting a mortgage. - AcornI'm afraid that somehow the Acorn's will be getting money from the stimuls and this should not happen. To give money to the wolf and expect the sheep to be safe is crazy!!! These strong arm people are the ones that has caused this !!
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Let's see... if these "lower income people" were qualified to get loans, they wouldn't need any "help" persuading a bank to give them a loan.
So how does ACORN help them get a loan? Oh I get it! ACORN pressures banks to make risky loans to unqualified borrowers!
What's the worst that could happen?