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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.
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主题 | Housing and Housing Finance ; Income and Wealth ; Neighborhoods, Cities, and Metros |
URL | https://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. |
条目包含的文件 | ||||||
文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
412244-Balancing-Aff(281KB) | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 |
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