The Educator Down Payment Assistance Act of 2024 is a plan to give teachers some money to help them buy their first house, but they have to live in it and keep working as teachers for at least three years. The government plans to give out $30 million to help pay for this.

The "Educator Down Payment Assistance Act of 2024" is like a special program to help teachers buy their first houses by giving them money to help pay for the start-up costs. Teachers can get up to $25,000 if they qualify, but there are some rules they have to follow, like staying in their teaching job and living in the house for at least three years.