Could a 3% down payment help more Californians buy homes?
Автор: ABC10
Загружено: 2026-03-06
Просмотров: 3405
Описание:
A proposed California housing initiative could appear on the November 2026 ballot, aiming to make homeownership more accessible for middle-class residents. The measure, called the California Middle-Class Homeownership and Family Home Construction Act of 2026, was introduced by former state legislative leader Bob Hertzberg. The initiative would lower the typical 20% down payment requirement to 3% for eligible buyers, with the remaining portion financed through a state-backed loan.
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