This year, Secou Diate purchased his first home, a brand new four-bedroom townhouse that his wife, daughter, and unborn baby will enjoy. For Diate, it was the perfect time to purchase. Interest rates were low. The unit was in a brand-new development and it was in his price range.
It wasn’t due to any special offers or a loop hole in the system that allowed Diate to purchase his home, but a federal program that many people, especially immigrants, aren’t aware of. It’s called affordable housing, also known as low-income housing or government-subsidized housing.
Affordable housing allows the average person to purchase a home without making major compromises based on their income.
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