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.
Holiday Happy Housers Party!
Join us for an evening of festive vibes, recognition of collective wins, and end-of-year celebration at SV@Home’s Holiday Happy Housers, our annual holiday party!
Everyone’s invited, especially those who want to connect with the housing community, as we unwind, mingle, and strengthen our resilience for the work ahead.
Expect good drinks, good food, and great people.