Photo: David Zalubowski ~ AP
PODCAST
September 24, 2026 ~ David Hall, President and CEO of Hall Financial, joins Kevin to discuss a new proposal that could provide up to $50,000 in assistance to first-time home buyers.
DETROIT ~ For many prospective homebuyers, the dream of homeownership remains just out of reach as rising rents and unexpected expenses make it difficult to save for a down payment. A proposed federal plan, the Home Ownership Promise Act, would help first-time homebuyers build savings by providing matching government funds that could significantly increase the money available for a home purchase.
The proposal has sparked debate among housing experts and consumers, with supporters arguing it could help more renters become homeowners while critics warn it could push home prices even higher. The discussion also highlights broader concerns about housing affordability, inventory shortages and whether government resources would be better spent increasing the supply of affordable homes.
