**Purpose:** To reduce mortgage interest rates for middle and working-class families, increase the supply of affordable housing, and ensure long-term housing stability for all Americans.
Key Provisions:
1) **Subsidized Mortgage Interest Rates:** A government-backed program that reduces mortgage rates for middle-class homebuyers.
2) **Low-Interest Down Payment Assistance:** A fund that provides down payment assistance to qualifying first-time homebuyers in the middle-income bracket.
3) **Expanded Low-Income Housing Tax Credit:** Increase tax credits for affordable housing development aimed at middle-income families.
4) **Zoning Reform Incentives:** Federal incentives for local governments to ease zoning restrictions and promote affordable housing construction.
5) **Consumer Protection and Financial Education:** Strengthening mortgage transparency, consumer protections, and homeownership education programs.