Di, Wenhua; Ma, Jielai; Murdoch, James C. - In: Journal of Policy Analysis and Management 29 (2010) 4, pp. 682-697
Down payment or closing cost assistance is an effective program in addressing the wealth constraints of low-and moderate-income homebuyers. However, the spillover effect of such programs on the neighborhood is unknown. This paper estimates the impact of the City of Dallas Mortgage Assistance...