Guam - There's an evident gap for those looking to buy a home. According to Micronesia Community Development Corporation executive director Carlos Camacho, it's necessary to help moderate income families gain home ownership especially with the rising cost of construction and real estate.

He told KUAM News, "You've got families who's household income is $50,000 a year. but today's cost of real estate and houses are at $300,000 and $250,000. Those are the families who are left out of the gap."

Camacho says these families cannot catch up with the cost of inflation rates but tools like the Mortgage Credit Certificate improve an individual's buying power by almost $167 a month, which could improve buying power by $30,000.