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Richard Ferguson is President of CBC Mortgage Agency, a nationally chartered housing finance agency and a leading source of down payment assistance that helps low-income consumers, often in minority neighborhoods, achieve the dream of homeownership. He can be reached at richard.ferguson@chenoafund.org.

Closing the Homeownership Gap

Here’s why down payment assistance can serve a critical role in helping first-time homebuyers achieve the American Dream. This feature originally appeared in the April issue of MReport.

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