Use pandemic relief to turn renters into homeowners

Source: Marc Dann, The Medium

Among the most daunting of President Biden's challenges is the impending tidal wave of evictions that could wash the more than 12,000,000 American families who are more than $5,000 behind on their rent out of their apartments and into what have become incredibly mean streets.

I believe we should heed the advice of Sir Winston Churchill, who once said “Never let a good crisis go to waste!” by using the next stimulus package to provide down payment assistance and government backed mortgages to low-income families who have been shut out of the housing market for far too long. This one, innovative program would turn the nightmarish pandemic into the vehicle that makes the dream of homeownership come true for millions of Americans.

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