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California s homebuyer program gives the state a stake in the homes

Lawmakers approved the first $500 million for the program as a trailer bill to the fiscal 2023 budget. Bonds may be used to fill the gap.

New yorkUnited statesLos angeles countyFiona maRobert hertzbergD van nuysToni atkinsRay soteroMicah weinbergAssembly bill senateHome loan programMental health servicesCalifornia housing finance agencyPublic policy institute of californiaFederal reserveCalifornia community builders

California s homebuyer program gives the state a stake in the homes

Lawmakers approved the first $500 million for the program as a trailer bill to the fiscal 2023 budget. Bonds may be used to fill the gap.

New yorkUnited statesLos angeles countyFiona maRobert hertzbergD van nuysToni atkinsRay soteroMicah weinbergAssembly bill senateHome loan programMental health servicesCalifornia housing finance agencyPublic policy institute of californiaFederal reserveCalifornia community builders

California to Provide Shared Equity Down Payments for Home Buyers

A new program that targets racial inequity among homeowners will loan money to first-time buyers in exchange for a stake in their houses.

New yorkUnited statesVan damme state parkSan diegoSan fernando valleyLos angeles countyLos angelesFern canyonGary friedman los angelesCathy devlinAlex trebekTonig atkinsMicah weinbergState senateLos angeles timesCalifornia dream

California legislators want to help you buy a house with down payment, shared equity • Long Beach Post News

Legislators propose a $1-billion-a-year down payment program for first-time buyers, given the high cost of housing and rising mortgage interest rates, in exchange for a partial stake.

New yorkUnited statesCalifornia buildingNew york universityKate owensAralyn tuckerRichard greenToni atkinsGavin newsomAndrew caplinAssemblymember tim graysonMicah weinbergCalifornia association of realtorsSacramento state universityUniversity of southern california lusk centerLegislature democratic

California legislators want to help you buy a house with down payment, shared equity

Legislators propose a $1-billion-a-year down payment program for first-time buyers, given the high cost of housing and rising mortgage interest rates, in exchange for a partial stake.

New yorkUnited statesCalifornia buildingNew york universityKate owensAlejandro lazoAralyn tuckerRichard greenToni atkinsGavin newsomAndrew caplinAssemblymember tim graysonMicah weinbergCalifornia association of realtorsSacramento state universityUniversity of southern california lusk center

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