News

An Effective Way to Make Homeownership Affordable

Posted on

A new report from the Urban Institute evaluates the impact of shared equity programs, which allow low- and moderate-income families to purchase homes at below-market prices in exchange for a lower share of the proceeds from the home’s sale. Affordable Homeownership: An Evaluation of Shared Equity Programs finds that shared equity is an effective method of linking low-income people to affordable owner-occupied housing, and that participants in the program tended to spend significantly less per month on housing and utility costs. The authors recommend further research into how shared equity programs might help low-income people move into more affluent neighborhoods.

An Effective Way to Make Homeownership Affordable

« Back to News