
You'll recall that on October 2, the Housing & Urban Development department (HUD) issued a ruling stating they'd disallow any more Down Payment Assistance programs (DPA) as of today. See post about AmeriDream & HUD here.
HUD later ruled on October 22 (for fear of the federal district court's review) that they'd extend the DPA programs till next February.

The good news for first time home buyers? HUD can't shut down DPA programs. You don't need to save tens of thousands of dollars for a down payment. Good folks like AmeriDream will continue to help by gifting you the down payment (by asking the seller for a donation which covers your cost).
Take that HUD! Score one for the Little Guy and bring on the buyers. Gawd knows we need 'em now more than ever.