The Federal Housing Authority’s assistance to low-income homebuyers disproportionately benefits minority homebuyers, helping 2.5 times as many Black and 2 times as many Hispanic borrowers compared to the rest of the private market. Subsidies for low-income homebuyers also lower the down payment barriers. The average down payment assistance is $18,000, and can lower a buyer’s Loan-to-Value ratio by an average of 6%, which is helps with mortgage qualification.