Lang, Bree; Hurst, Ellen - In: The Journal of Real Estate Finance and Economics 49 (2014) 3, pp. 329-351
Lack of wealth for a down payment is one of the most recognized barriers to home ownership. In response to this barrier …, state and federal government have implemented many programs that provide down payment assistance to potential home buyers … assistance may alter borrowing behavior. Using data from a down payment assistance grant in the Midwest, this study compares the …