Warner, Colleagues Introduce Legislation to Help First-Time, First-Generation Homebuyers Narrow the Wealth Gap

Press Release

Date: July 13, 2023
Location: WASHINGTON

"Homeownership is one of the key ways Americans build capital and wealth. Unfortunately, racism and systemic discrimination in our housing laws have put this opportunity out of reach for far too many families of color. The LIFT Act will help narrow the racial wealth gap by allowing qualified home buyers to build equity -- and wealth -- at twice the rate of a conventional 30-year mortgage."


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