Summary: This article explains the 2015 limits for FHA seller concessions or contributions toward a buyerâs closing costs. It was updated and fact-checked at the time of publication, using HUD Handbook 4155.1, Chapter 2, Section A.
What exactly do the colors of the American mean? Here are all the reasons behind using Red, White, and Blue. The American Flag is symbolic in many ways. The alternating red and whites stripes represent the 13 British colonies that settled in America, while the stars represent each individual state.
Independence is won through the Revolutionary War and the colonies become the United States of America. June 14, 1777: The 13 colonies are represented in the first American flag. The Second Continental Congress passes a resolution that states that the American flag shall have 13 stripes, alternately in red and white, to represent the 13 colonies. Despite all of the variations of the U.S. flag over time, the 13 stripes have never changed.