Not exact matches
Relatively low mortgage rates and more
affordable home prices in some housing markets are creating renewed interest in
homeownership, especially
among young renters who are tired of seeing their rent costs rise every year.
Homeownership rates
among those without a high school diploma are above 50 percent in
affordable Deltona - Daytona Beach, Fla., and Gary, Ind., where the median home value trails the national median.
Among the recommendations for keeping a powerful housing market in the 21st century: Maintain and build on tax incentives for
homeownership and for the development of critically needed
affordable rental housing, and build on efforts that enable local governments to manage, rather than stifle, the inevitable growth pressures they face.
The budget also eliminates funding for the Choice Neighborhoods program, which replaces distressed public housing with mixed - income housing,
among other initiatives; the HOME Investment Partnerships Program, which assists communities with
affordable housing development; and the Self - Help
Homeownership Opportunity Program (SHOP), which awards grants to nonprofits for low - income housing development.
«These legislators have consistently provided strong leadership on key housing issues by working to keep banks out of real estate, expand federal
homeownership programs for veterans, and support an
affordable housing tax credit,
among other crucial issues for our members.»