The City Club Forums Collection

Don Harris, Nehemiah Corporation of America

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Program Information

  • Description: Don Harris, Chairman and Founder of Nehemiah Corporation talks about the Nehemiah Program, which allows home buyers to make down payments on their purchases using funds that were derived from the home sellers. The program became popular and was widely emulated, giving birth to what came to be known as the seller-funded down-payment assistance industry. The James P. Lipscomb Memorial Forum on the Philanthropic Spirit in Community Leadership.
    *In 2008, the industry attracted criticism from U.S. federal agencies (particularly the Government Accountability Office and the Internal Revenue Service) and was ultimately shut down in by a change in federal law.
  • Date: 1/25/2002
  • Program Length: 00:59:41