WEBINAR: Shared Equity Homeownership

The nation’s prolonged foreclosure crisis may have weakened political support for homeownership as an asset-building strategy for lower-income households. Yet this may be precisely the moment to pursue innovative strategies to promote responsible homeownership.

One promising approach is shared equity homeownership, where public resources are used to lower the purchasing price in exchange for limits on equity appreciation. This mechanism has the potential to mitigate the risks of homeownership as well as provide an attractive balance of affordability, access, and wealth creation. It has been modeled in communities across the country and is ready for prime time. Local decision-makers should be taking a good look at the potential of shared-equity programs to stabilize their housing markets and offer increased opportunities to their residents.

Please join this webinar to learn more about how shared equity homeownership has been shown to connect to asset building objectives at the same time as it enforces affordability and sustainable communities. The discussion will include a presentation of real world best practices and implementation opportunities.

The webinar is co-sponsored by the New America Foundation, the Center for Housing Policy, NCB Capital Impact, and the Annie E. Casey Foundation.

Space is limited and registration is required.

Participants

Featured Speakers
Jeffrey Lubell
Executive Director
Center for Housing Policy

Rick Jacobus
Director, Shared Equity Homeownership Initiative
NCB Capital Impact

Jeff Corey
Executive Director
Northern Communities Land Trust

Moderator
Reid Cramer
Director, Asset Building Program
New America Foundation