: News

Filed Under:

D.C.'s Latino Home Buyers Scramble To Meet Deadline

Play associated audio
An agency helping D.C.'s Latino community jump on the property ladder is shifting into high gear, as the deadline approaches on a federal tax credit for first-time home buyers.
www.flickr.com/Casey Serin
An agency helping D.C.'s Latino community jump on the property ladder is shifting into high gear, as the deadline approaches on a federal tax credit for first-time home buyers.

An agency helping D.C.'s Latino community jump on the property ladder is shifting into high gear, as the deadline approaches on a federal tax credit for first-time home buyers.

The Latino Economic Development Corporation helps low-to-moderate income residents buy their first home using government programs - such as the $8,000 credit for first-timers who close by November 30th.

Eric Qutierrez helps run the non-profit corporation, located in Northwest D.C. near Columbia Road, a traditional stronghold of the city's Hispanic community.

"There has been a surge of applicants interested in buying a house," says Qutierrez.

Nancy Miranda, a Remax sales agent in D.C., works closely with Qutierrez's clients. She says her clients are crossing their fingers that their banks will finalize loans in time to meet the deadline.

"It is definitely crunch time," she says. "A lot of them are counting on this money to remodel the homes that they're planning to buy."

The city offers $5,000 tax credit to buyers who do miss the deadline.

Mana Rabiee reports...

NPR

For A Female Banker At The Top Of Her Game, What Does It Take To Stay There?

In the film Equity, investment banker Naomi Bishop navigates the male-dominated world of Wall Street. Screenwriter Amy Fox discusses the film and her research, which included many interviews with women who worked on Wall Street.
NPR

Salvage Supperclub: A High-End Dinner In A Dumpster To Fight Food Waste

The ingredients — think wilted basil, bruised plums, garbanzo bean water — sound less than appetizing. Whipped together, they're a tasty meal that show how home cooks can use often-tossed foods.
NPR

LISTEN: At The DNC, We Asked Women Why They Were Voting For Clinton

We asked women — as young as 4 and as old as 77 — how much the weight of history factored into their decision.
NPR

How Your Health Data Lead A Not-So-Secret Life Online

Apps can make managing health care a lot easier, but most don't have the privacy protections required of doctors and hospitals. And a simple Web search can clue in advertisers to health concerns.

Leave a Comment

Help keep the conversation civil. Please refer to our Terms of Use and Code of Conduct before posting your comments.