DENVER -- The federal bailout plan for the nation's financial institutions may help the struggling home industry and even keep some people out of foreclosure.

From home remodelers to builders, to buyers, the housing market is crucial to the economy.

It's sliding because too many homeowners are in Frank Jones' position. His home in Green Valley Ranch dropped 30 percent in value while his adjustable rate mortgage continued to climb.

Next month, he won't be able to make his payment.

"It's a beautifully community, nice home, we just do not want to leave the house," he said.

Like so many homeowners facing foreclosure, Jones wants a 30-year fixed mortgage, but skittish banks and a tight credit market have shut him out.

"It's frustrating wondering what's going to happen next. Am I going to be able to retain my home? Am I going to have to move myself and my five children?" Jones asked.

Greenwood Village mortgage broker Tim Ray of Apollo Financial believes the government had no choice but to prop up financial institutions and inject money into the economy.

"The federal government is trying to say, 'Enough is enough,'" he said Friday.

It's expensive, but he adds, "It's really one of those things that right now as a nation we are kind of in it together."