H.R. 8714, also known as the “Home of Your Own Act of 2024,” aims to help people in the United States become homeowners by providing financial assistance through grants. The Secretary of Housing and Urban Development will set up a program that distributes funds to states and...
Simple Explanation
H.R. 8714 is a plan to help people buy their first home by giving them money to help pay for things like the down payment and repairs. People who get this help also need to take a money class, and if they sell the home quickly, they might have to give some money back.