Did the housing crisis prove that low-income people can't be successful homeowners? No! Infographic follows showing delinquency and foreclosure rates for two at-scale low-income homeownership lending programs, which are below the general population. Image links to pdf version.

Q: Did the housing crisis prove low-income people can’t be successful homeowners?

No! Two at-scale, long-term lending programs show that if the process is done right, low-income homeowners can be as successful as prime borrowers--or more.

Did the housing crisis prove that low-income people can't be successful homeowners? No! Infographic follows showing delinquency and foreclosure rates for two at-scale low-income homeownership lending programs, which are below the general population. Image links to pdf version.

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Shelterforce Staff

Shelterforce is the only independent, non-academic publication covering the worlds of community development, affordable housing, and neighborhood stabilization.

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ISSUE TABLE OF CONTENTS

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    July 24, 2012

    A Massachusetts-based program provides home environment assessments, education, and home remediation services—often resulting in the improved health and lives of families.

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  • Advocacy Proposal or Call to Do Nothing Some More?

    • Paul Bellamy

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    Sharing the Pain and Gain in the Housing Market: How Fannie Mae and Freddie Mac Can Prevent Foreclosures and Protect Taxpayers by Combining Principal Reductions with "Shared Appreciation," John Griffith and Jordan Eizenga, Center for American Progress, March 2012.