Fight Looms over Down Payment Aid to Close Racial Wealth Gap
Jun 2nd 2021 2:00pm EDT
Democrats are pushing to spend billions of dollars to help first-time homebuyers afford down payments, setting up a clash with industry groups and GOP lawmakers, who are warning about racial targeting of the aid and risks to the housing market. A $10 billion proposal by House Financial Services Chair Maxine Waters (D-Calif.) would give homebuyers […]
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