Search Results for keywords:"downpayment assistance"

Search Results: keywords:"downpayment assistance"

S. 967 — To provide downpayment assistance to first-generation homebuyers to address multigenerational inequities in access to homeownership and to narrow and ultimately close the racial homeownership gap in the United States, and for other purposes.
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March 11, 2025
Status:Introduced in Senate
Congress:119
Words:4,376
S. 967 aims to help first-generation homebuyers in the United States by providing downpayment assistance. The bill seeks to address long-standing inequities in homeownership access, particularly among racial and ethnic groups who have faced historical discrimination. It...
Simple Explanation
The bill is like a plan to help people who have never owned a home before, especially those whose families didn’t own homes, by giving them money to help buy their first house. It wants to make sure everyone, no matter their background, has a fair chance to own a home.
S. 3930 — To provide downpayment assistance to first-generation homebuyers to address multigenerational inequities in access to homeownership and to narrow and ultimately close the racial homeownership gap in the United States, and for other purposes.
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March 12, 2024
Status:Introduced in Senate
Congress:118
Words:4,362
S. 3930 aims to assist first-generation homebuyers in the United States by providing financial support to help them with downpayments and closing costs when buying their first homes. The bill focuses on reducing barriers to homeownership, particularly for those from minority...
Simple Explanation
The bill wants to help people who are buying their very first house by giving them money to use for the initial payment. It especially aims to help those whose parents never owned a house, and it tries to make things fairer for everyone so more people can own homes.

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