G2TT
来源类型Research Report
规范类型报告
Balancing Affordability and Opportunity: An Evaluation of Affordable Homeownership Programs with Long-term Affordability Controls
Kenneth Temkin; Brett Theodos; David Price
发表日期2010-10-26
出版年2010
语种英语
概述Shared equity initiatives provide homeownership opportunities to income-eligible families who buy homes at below-market prices; the appreciation that can be earned by resellers is limited to preserve the homes' affordability at resale. This report analyzes affordability, personal wealth, security of tenure, and mobility outcomes for seven shared equity programs across the country. Homebuyers earned competitive
摘要
Shared equity initiatives provide homeownership opportunities to income-eligible families who buy homes at below-market prices; the appreciation that can be earned by resellers is limited to preserve the homes' affordability at resale. This report analyzes affordability, personal wealth, security of tenure, and mobility outcomes for seven shared equity programs across the country. Homebuyers earned competitive returns, but homes remained affordable to lower income buyers over time. Homeownership under these programs was sustainable: there were very low delinquency and foreclosure rates and many families who sold their homes were able to use their sales' proceeds to purchase market-rate homes.
主题Housing and Housing Finance ; Income and Wealth ; Neighborhoods, Cities, and Metros
URLhttps://www.urban.org/research/publication/balancing-affordability-and-opportunity-evaluation-affordable-homeownership-programs-long-term-affordability-controls
来源智库Urban Institute (United States)
资源类型智库出版物
条目标识符http://119.78.100.153/handle/2XGU8XDN/477168
推荐引用方式
GB/T 7714
Kenneth Temkin,Brett Theodos,David Price. Balancing Affordability and Opportunity: An Evaluation of Affordable Homeownership Programs with Long-term Affordability Controls. 2010.
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