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<blockquote data-quote="Box Ox" data-source="post: 5929168" data-attributes="member: 48469">This should help bring down inflation if the Democrats win on November. [URL unfurl=&quot;true&quot;]https://themortgagereports.com/105638/25000-down-payment-grant-bill-available[/URL]June 12, 2024&quot;The Downpayment Toward Equity Act was introduced in Congress in 2021. As of June 2024, it has not yet been passed into law.The most recent development occurred on March 9, 2023. The <a href="https://www.whitehouse.gov/omb/briefing-room/2023/03/09/fact-sheet-president-bidens-budget-lowers-housing-costs-and-expands-access-to-affordable-rent-and-home-ownership/" target="_blank">White House proposed its budget</a> for the fiscal year 2024, allocating $175 billion for affordable housing programs, including $10 billion for cash grants for first-time home buyers. This proposal is part of a broader strategy to support homeownership, which also includes the <a href="https://themortgagereports.com/106765/biden-first-time-home-buyer-tax-credit" target="_blank">Biden First-Time Home Buyer Tax Credit.</a>Some industry experts hope the legislation will be approved in some capacity before the end of 2024.&quot;His campaign said he&#039;s against it. Has he ever said he&#039;s against it?</blockquote>

[QUOTE="Box Ox, post: 5929168, member: 48469"] This should help bring down inflation if the Democrats win on November. [URL unfurl="true"]https://themortgagereports.com/105638/25000-down-payment-grant-bill-available[/URL] June 12, 2024 "The Downpayment Toward Equity Act was introduced in Congress in 2021. As of June 2024, it has not yet been passed into law. The most recent development occurred on March 9, 2023. The [URL='https://www.whitehouse.gov/omb/briefing-room/2023/03/09/fact-sheet-president-bidens-budget-lowers-housing-costs-and-expands-access-to-affordable-rent-and-home-ownership/']White House proposed its budget[/URL] for the fiscal year 2024, allocating $175 billion for affordable housing programs, including $10 billion for cash grants for first-time home buyers. This proposal is part of a broader strategy to support homeownership, which also includes the [URL='https://themortgagereports.com/106765/biden-first-time-home-buyer-tax-credit']Biden First-Time Home Buyer Tax Credit.[/URL] Some industry experts hope the legislation will be approved in some capacity before the end of 2024." His campaign said he's against it. Has he ever said he's against it? [/QUOTE]

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