down payment

Smith-Griffin used some of the fraudulently obtained funds to put a down payment on a house in North Carolina and pay for her wedding, prosecutors said.

She wants to give down payment assistance to homebuyers and tax deductions to new businesses, but the impacts of these may be limited, experts said.

Critics have raised doubts about the details, including the uncertain effects of her plan to subsidize down payments for first-time homebuyers, but she has at least made those issues high priorities.

It can take the average person several years to save for a down payment — if they can afford it at all.

Harris could then add her plans on small business loans, down payment assistance for first-time buyers and the newborn tax credit.