Virginia’s First Time Homebuyers May Be Receiving Assistance From Feds

Black Virginian’s as well as others across the nation are facing an average net worth that’s just one tenth the size of their white counterparts. Now, Virginia Democratic, United States Senator Mark Warner is introducing legislation to make it easier for first time, first generation homebuyers to own their own home and build wealth more rapidly. The First Time Homebuyers Act, being introduced by Warner is expected to be discussed in a Thursday Press Conference from Washington. We’ll have a report on the legislation and what it means for southwest Virginian’s on Thursday.