VP Harris wants to give $25K to new homebuyers

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VP Harris wants to give $25K to new homebuyers
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The vice president said she aims to resolve home buying woes by offering cash advances to those looking to buy their first homes.

COLLEGE PARK, MARYLAND - JUNE 24: U.S. Vice President Kamala Harris delivers remarks on reproductive rights at Ritchie Coliseum on the campus of the University of Maryland on June 24, 2024 in College Park, Maryland. Vice President Kamala Harris touted a proposal Tuesday to give first-time homebuyers $25,000 in down payment assistance.

Harris, during a Tuesday conversation with the National Association of Black Journalists, said she aims to resolve home buying woes by offering cash advances to those looking to buy their first homes. The move falls under her “opportunity economy” approach. During Tuesday's appearance, Harris also suggested the government should expand its small business grant from $5,000 to $50,000.

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