Homeownership
Asset building advocates can promote sustainable homeownership in their state by lobbying for effective programs that help low-income families buy homes through downpayment assistance or subsidized financing. Coalitions can also promote state policy in support of housing trust funds, which provide a dedicated source of funding for housing activities at the state level, including constructing, rehabilitation, and financing housing for low- and moderate-income families. Furthermore, asset-building program’s such as Individual Development Accounts and Children’s Savings Accounts can help people build the assets that enable first-time homeownership.
Resources:
PolicyLink's Housing Trust Funds Toolkit
Expert of Color Directory
See Also:
Dr. Mariko Chang Area(s) of Expertise: Debt & Credit, Home Ownership, Pension, Savings & Investment, Social Security & Social Insurance, Wealth Disparities
Charise Fong Area(s) of Expertise: Home Ownership, Tax Policy, Financial Education, Savings & Investment
Dr. Wilhelmina Leigh Area(s) of Expertise: Home Ownership, Social Security & Social Insurance, Wealth Disparities
Alice Paris Area(s) of Expertise: Business/microenterprise, Home Ownership, Land, Other
Thomas W. Mitchell Area(s) of Expertise: Home Ownership
Ana Marie Argilagos Area(s) of Expertise: Home Ownership, Post-secondary education & training
Foreclosure-Response.org
Foreclosure-Response.org is a new website offering resources intended to help states and localities respond to the foreclosure crisis. Visit this website to find strategies for preventing and responding to foreclosures, as well as resources to that allow users to create customized data reports and maps to identify areas in which to target resources and efforts. Foreclosure-response.org is maintained by the Center for Housing Policy, KnowledgePlex, Local Initiatives Support Corporation (LISC), and the Urban Institute.
