The Biden administration is proposing a $15,000 downpayment tax credit to help potential homebuyers who can afford monthly mortgage payments but do not have savings for a downpayment. In this seminar, researchers will discuss two Center-supported projects focused on who might be aided by downpayment assistance and the choices policymakers will need to make as they move forward with the plan. Raheem Hanifa, a Center research analyst, will discuss research he is doing (with Chris Herbert and Daniel McCue) on the demographics of renters who would most benefit from downpayment assistance, as well as the regional differences in the share of required downpayments that would be covered by $15,000 in assistance. Benjamin Ward, a former Center researcher, will discuss his research into downpayment assistance programs in four other countries – Canada, the United Kingdom, Australia, and New Zealand – and how those programs illustrate the key design choices that US policymakers will have to make as they move forward with the Biden proposal.
Where Did the Students Go? Housing & the School Enrollment Crisis
JOIN US VIRTUALLY ON FRIDAY, SEPTEMBER 26TH 12PM
Silicon Valley is becoming too expensive for families and our schools are paying the price. Enrollment is dropping, campuses are closing, and beloved school communities are being torn apart.
At the same time, teachers and staff face grueling commutes from far-away cities, while districts struggle to hire and keep the talent our kids deserve.
Join us for an inside look at SV@Home’s exclusive research on Silicon Valley’s enrollment crisis—and discover how affordable housing can keep families in our neighborhoods and strengthen schools across our region.
RSVP now and join the conversation.