Shelterforce: Best of Both Worlds
Permanent affordability and asset building might seem at first blush to be contradictory goals for a low-income homeownership program, but new research says in fact they can be achieved together.
Permanent affordability and asset building might seem at first blush to be contradictory goals for a low-income homeownership program, but new research says in fact they can be achieved together.
Homeownership continues to provide real social and economic benefits and remains a high priority for most American families, but the United States is experiencing significant declines in the ownership rate for the first time in decades.
This is an excerpt of the video from an event held at the Center for American Progress in February 2010.
Can lower income families build wealth in resale price restricted homes? This paper presents surprising findings from data collected by one mature program.
I wrote and narrated this 14 minute video introducing the concept of Shared Equity Homeownership and profiling several leading programs and their residents.
Based on interviews with dozens of practitioners from around the country, this guidebook is intended to help local government policymakers to develop stronger partnerships with local Community Land Trusts to develop and monitor permanently affordable homeownership units.
This 15 minute video presentation looks more closely at local affordable homeownership programs from the point of view of asset building. Can affordable ownership programs be seen as asset building strategies? How do they compare with traditional ownership?
This paper outlines some of the challenges of ongoing administration of Inclusionary housing programs and highlights the policies, procedures and systems that successful programs have been using to address these challenges.
This paper prepared for a national convening on Shared Equity Homeownership, outlines the key stewardship functions necessary for monitoring affordable ownership units and profiles strategies used in several communities.
League of California Cities Mayors and Council Members Executive Forum [...]