[Alan Chapman]

There's nothing like the pride of ownership to turn a welfare-minded citizen into a self-reliant citizen.

Government subsidies create a disincentive to be responsible.

[abclily]

My father got a government grant to buy his first piece of heavy equipment. From this initial government help, he built a prospering business that today supports the third generation. I'm glad everyone else on this site has never needed financial help, but some of you could be a bit more compasssionate.

[Jorge]

"There's nothing like the pride of ownership to turn a welfare-minded citizen into a self-reliant citizen."

Government subsidies create a disincentive to be responsible.

In this case I would have to disagree.

Unlike welfare or foodstamps, this program will not work for irresponsible individuals, and in fact is simply an incentive to encourage people to take on the responsibility of home ownership.

Whether it works or not is another story.
I would be interested in seeing stats a year from now on how many people squander the help they received.