If recently-introduced first-time homebuyer laws have been to become enacted as written, about 4.37 million individuals – roughly 10% of the nation's renters – could possibly be eligible for as much as $25,000 in downpayment help.
Advocates of the coverage say this system's considerate focusing on would enable it to succeed in those that need it one of the most, whereas business consultants advised HousingWire that a complicated, closely means-tested program may create compliance pitfalls.
The all this content materials are for HW+ members. Participate as we speak by having an HW+ Membership! Already an associate? log in
HW+ contains weekly long-form digital articles, HousingWire Journal, admission to HousingStack, and free admittance to all HousingWire digital occasions.
The submit Who qualifies for that $25K first-time homebuyer grant appeared first on HousingWire.