Mortgage Relief, New Homes: Biden Pushes Housing Fixes in State of the Union

USA Today, March 8, 2024–Swapna Venugopal Ramaswamy
President Joe Biden used his State of the Union address Thursday to showcase plans to help Americans obtain mortgages and to push down monthly rents.

“I want to provide an annual tax credit that will give Americans $400 a month for the next two years as mortgage rates come down to put toward their mortgage when they buy a first home or trade up for a little more space,” President Biden said.
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