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.