The President has also proposed a $10 billion down payment assistance program that would ensure first-time homebuyers whose parents do not own a home can access homeownership alongside a $100 million down payment assistance pilot to expand homeownership opportunities for first-generation and/or low wealth first-time homebuyers.
I don’t think what they are doing is as strong as you imply.
“Sorry your parents have a home they got in 1996 for basically nothing”
The Biden administration is doing that also, it just doesn’t make as good a headline.
https://www.whitehouse.gov/briefing-room/statements-releases/2023/10/16/white-house-announces-new-actions-on-homeownership/
I don’t think what they are doing is as strong as you imply.
“Sorry your parents have a home they got in 1996 for basically nothing”
Always happy to be pleasantly surprised.
Even tho it’s half what developers are getting, it’s better than nothing.