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California Housing Finance Agency Rolls Out Loan Program for First-Gen Home Buyers | VIDEO

House and Key - Depositphotos

*First-Gen homebuyer have a problem. With that said, according to the California Association of Realtors 2023 buyer snapshot, 36% of homebuyers were first-time buyers. However, only 3% of homebuyers were African Americans. Nationally, as of last year, the homeownership rate for Black households was 45.9%. This figure is 28.6 percentage points lower than the rate for […]