SR 71: Relative to affordable homeownership.

<p>This bill aims to increase affordable homeownership options in California by providing financial assistance to low- and moderate-income individuals and families. The measure would allow for more affordable mortgage options, such as lower down payment requirements and more lenient credit score standards.</p> <p>The bill would also provide funding for programs that support homeownership, including down payment assistance, homebuyer education, and financial counseling. Additionally, it would create a state-funded program to provide grants to first-time homebuyers, helping them cover closing costs and other expenses associated with purchasing a home.</p> <p>The goal of the bill is to make homeownership more accessible and affordable for California residents, particularly those who have been priced out of the market due to rising housing costs. By providing additional financial assistance…