D.C. to provide up to $200K to first-time home buyers in hot market

  • 📰 postlocal
  • ⏱ Reading Time:
  • 53 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 25%
  • Publisher: 59%

ประเทศไทย ข่าว ข่าว

ประเทศไทย ข่าวล่าสุด,ประเทศไทย หัวข้อข่าว

Starting Oct. 1, first-time home buyers may qualify for as much as $202,000 in assistance from the city.

This increase to HPAP, Bekele said, is in line with the strike force’s mandate to make homeownership more accessible to Black families. A spokesman for DCHCD said later the mayor recommended expanding the program as part of her budget proposal in March.

Roughly 350 people have received assistance through the program since Bowser took office in 2015, officials said.During her first term in office, Bowser doubled the amount of down-payment assistance that potential home buyers could receive from the Home Purchase Assistance Program and created a program specifically meant to provide financial aid to city workers, teachers and first responders — applicants to that program can receive an additional $20,000.

Officials said they’re hoping to equip residents to purchase homes even as real estate prices continue to hit all-time highs. “If you look back historically where there have been dips in the housing market nationally, we haven’t felt that as much as other regions,” Falcicchio said. Raising the cap on how much assistance prospective home buyers can receive “puts those who participate in the program on equal footing in a market where people are looking for that first home that’s maybe a condo or a home that isn’t at the higher end of what homes can go for in the District.

 

ขอบคุณสำหรับความคิดเห็นของคุณ ความคิดเห็นของคุณจะถูกเผยแพร่หลังจากได้รับการตรวจสอบแล้ว

Dc needs more housing

Demand side solution for a supply side problem

No thanks, I don't buy fallacies from opportunistic politicians who sell smoke.

More Handouts For Those Who Don't Need It?!!!!

How about using that money to house the homeless?

เราได้สรุปข่าวนี้มาให้อ่านอย่างรวดเร็ว หากสนใจข่าว สามารถอ่านฉบับเต็มได้ที่นี่ อ่านเพิ่มเติม:

 /  🏆 327. in TH

ประเทศไทย ข่าวล่าสุด, ประเทศไทย หัวข้อข่าว