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.
Happy Housers Event This September
Happy Housers, A Quarterly Happy Hour Event
TICKETS NOW 50% OFF! Join us at Dr. Funk in Downtown San Jose.
Join us for a special Happy Housers Happy Hour, sponsored in partnership with our friends at Equity Forward Anchor Network (EFAN)!
You’re in for a good conversation over drinks with people who care about creating a more inclusive Silicon Valley. It’s a chance to swap ideas, make new connections, and talk about how local campuses, churches, and community institutions could help open doors for more housing.
Come curious, leave connected.
Whether you’re deep in the housing world or just curious about what’s possible, this is your space to meet new people, share ideas, and be inspired.
Drink ticket and light appetizers included with ticket purchase.