The HELPER Act, designed to tackle the housing affordability crisis, proposes the elimination of down payment and mortgage insurance for first-time homebuyers who are teachers, police officers, firefighters, EMTs, and paramedics. Supported by key organizations such as the Fraternal Order of Police and the National Education Association, this bipartisan bill is expected to ease real estate transactions by removing significant financial barriers, fostering opportunities for median-income families to enter the housing market, and stimulating growth in housing communities where affordable options are limited.
The HELPER Act could eliminate down payment and mortgage insurance requirements for frontline workers aiming to purchase their first home.
By removing key barriers like the down payment, the HELPER Act makes it easier for essential workers and middle-income families to secure home financing.
Collection
[
|
...
]