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How Many Californians Would Use Proposition 37 Down Payment Aid?
Original: How Many Might Actually Use the Down Payment Assistance in Proposition 37?
A California ballot measure known as Proposition 37 would offer down payment assistance to homebuyers, and the Public Policy Institute of California is examining how many people might actually take advantage of the program. The analysis speaks to a broader debate over whether such subsidies meaningfully expand homeownership or mainly help a narrow group of buyers already close to purchasing.
Why now: Voters are weighing Proposition 37 ahead of an election and want to know whether its down payment assistance would reach many buyers.
Proposition 37Public Policy Institute of CaliforniaCalifornia
Evidence
- How Many Might Actually Use the Down Payment Assistance in Proposition 37? · Public Policy Institute of California
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