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02
Jun
2015

single-family-homeHome-ownership Opportunities with No Down-payment Home Loans Available Now


STEVENS POINT, WI - The U.S. Department of Agriculture (USDA) Rural Development kicked off National Home-ownership Month Monday by highlighting USDA’s ongoing role to help residents of America’s small towns and cities purchase homes in rural areas. In celebration,USDA Rural Development Wisconsin Housing Program Director, Dave Schwobe, announced the continued availability of funds for home-ownership loans to rural Wisconsin residents.

Home-ownership provides a strong foundation to help build household wealth, start a business or fund education through home equity. Since the creation of USDA’s single-family housing programs in 1949, USDA has helped more than 3 million rural residents access the American dream of home-ownership.

In Wisconsin, USDA Rural Development has over $9 million dollars available in Direct Home Loan Program funds to help rural residents become homeowners.

“Wisconsin has initiated a campaign that is designed to promote full utilization of Fiscal Year 2015 annual appropriations” said Schwobe. “With these funds, USDA can assist nearly 100 additional individuals and families become successful homeowners this year. We have made processing these applications a priority.”

Direct Single Family Housing Loans are available at 100 percent financing with no down payment directly through USDA Rural Development for a period of 30-38 years, and at a reasonable interest rate, currently 3.125 percent.  Qualification for a Rural Direct Home Loan is also based on the household’s income.  A portion of the interest payment on the loan may be subsidized by the Federal Government, making purchasing a home more affordable for families and individuals who live, or want to live, in rural Wisconsin.  USDA Rural Development Rural Direct Home Loans may be made for the purchase of an existing home or new home construction.

Written by USDA, Kevin Tuttle   
 
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01
Jun
2015

walker_wavesMADISON – Speaking with reporters today at a rare stopover in Wisconsin, Scott Walker commented that he’s “going to keep [his] campaign promises” – which if true means the governor won’t be seeking the Republican presidential nomination in 2016 after promising to serve his full term.

Last October at the gubernatorial debate in Eau Claire, Walker said his “plan if elected is to be here for four years” when asked whether he’d serve a full term if re-elected. And last November following his re-election, Walker commented in an interview with WITI that "Right now, I still feel called to be the governor of the state of Wisconsin, and I'm going to do the best job I can over the next four years."

Walker’s comments today on keeping his campaign promises came in response to questions on the state’s transportation budget, which faces a long-term shortfall that Walker has proposed offsetting partially with more than a billion dollars in new borrowing. Previously, the Walker administration had proposed a transportation budget that would have raised taxes on Wisconsin drivers by nearly $800 million.

Breaking campaign promises is nothing new for Scott Walker; he famously promised in 2010 to create 250,000 new private sector jobs in his first term in office, a “Promise Broken” according to the Milwaukee Journal Sentinel’s PolitiFact Wisconsin Walk-O-Meter. The most reliable federal jobs data, referred to by Walker as the “gold standard” when it comes to tracking job growth, shows that Walker created just 129,131 new jobs in his first term, or 51.7 percent of his promise.

PolitiFact also rated as “Promise Broken” Walker campaign promises that include “oppose and veto any and all efforts to increase taxes,” “require the use of generally accepted accounting principles (GAAP) to balance every state budget,” and “strip policy and pork projects from the state budget.”

A full list of PolitiFact Wisconsin’s Scott Walker broken promises is here.

“Scott Walker will say and do anything to get elected – he simply can’t be trusted,” Democratic Party of Wisconsin Communications Director Melissa Baldauff said Monday. “He promised to serve a full term if re-elected and now we know that’s a lie. He looked straight into the camera and promised that women’s healthcare choices would remain between women and their doctors, yet now he’s promising to sign a law that would require forced c-sections and bans abortion even in cases of rape and incest. People around the country should take note as Walker runs for president – the only promises he keeps are to the special interests that bankroll his campaigns.”

Written by Democratic Party of Wisconsin, Melissa Baldauff   
 
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01
Jun
2015

teaching-studentsLast week, the Joint Finance Committee took action to strip away teacher standards, leaving education leaders and state citizens up in arms and more concerned then ever about the future of education in Wisconsin. Senator Vinehout writes about the importance of highly qualified teachers and calls on the public to contact legislators about this issue.

Written by Kathleen Vinehout, State Senator 31st District   
 
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