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TODAY: DODD CONVENES HOPE FOR HOMEOWNERS BOARD

July 29, 2008

WASHINGTON, DC – Senator Chris Dodd (D-CT), Chairman of the Senate Committee on Banking, Housing and Urban Affairs, today will convene a meeting with members of the Oversight Board of HOPE for Homeowners to ensure the timely implementation and operation of the program.  HOPE for Homeowners, an initiative established by the Housing and Economic Recovery Act which passed the Senate on Saturday and which the President has said he will sign into law, is expected to help prevent foreclosure for hundreds of thousands of Americans who are struggling to keep their homes.  Dodd will hold a media availability immediately after the closed-door meeting.
WHO:             Chairman Chris Dodd
Federal Reserve Board Chairman Ben Bernanke
Treasury Secretary Henry Paulson
FDIC Chairman Sheila Bair
HUD Secretary Steven Preston (Invited)
 
WHEN:          TODAY, Tuesday, July 29th  
5:00 P.M. – SPRAY OF ROOM (for still and video cameras only – no audio)
6:00 P.M. – AVAILABILITY (for all credentialed press)
 
WHERE:       448 Russell Senate Office Building
 
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