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Vice President Kamala Harris, the Democratic presidential nominee, revealed several economic priorities on Friday, including a proposal for $25,000 down-payment assistance for all first-time home ...
The more than doubling of the First Home Owners Grant in NSW to $15,000 started from 1 July 2012 and will continue throughout 2013 with the First Home Owners Grant in NSW reducing to $10,000 in 2014. For non-first home buyers there is a grant of $5,000 available.
Australians buying a home for the first time are eligible for a first homeowner grant. These grants were introduced on 1 July 2000, and are jointly funded by the Commonwealth government and the state and territory governments. First home buyers are currently eligible for a grant of A$7000 to alleviate the costs of entering the housing market. [3]
In 2023, the LIHTC program is estimated to cost the government an average of $13.5 billion annually. [1] A 2018 report by the GAO covering the years 2011-2015 found that the LIHTC program financed about 50,000 low-income rental units annually, with median costs per unit for new construction ranging from $126,000 in Texas to $326,000 in California.
There is no evidence such a program exists. Biden has not signed any stimulus plan that would send homeowners $50,000 or $185,000. There is no evidence such a program exists.
The Homeowners Affordability and Stability Plan is a U.S. program announced on February 18, 2009, by U.S. President Barack Obama.According to the US Treasury Department, it is a $75 billion program to help up to nine million homeowners avoid foreclosure, which was supplemented by $200 billion in additional funding for Fannie Mae and Freddie Mac to purchase and more easily refinance mortgages. [1]
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