Tag: homeownership

Affordable ADUs: How It’s Being Done

In the face of limited financing options, local governments, nonprofits, and social enterprises are experimenting with ways to make affordable ADUs a reality.

ADUs: Defined, Disambiguated, and Debated

Accessory dwelling units are being touted as a way to provide more affordable rental units for tenants, and additional monthly income for homeowners. But some cities allow them, others don’t. So what are ADUs exactly?

How Tax Assessments are Racist

Between biased property appraisals that undervalue Black-owned properties and biased tax assessments that levy an unfair burden, homeowners of color are flanked by a double-whammy of racism.

Push Back on the Racial Wealth Gap

Authors from Shelterforce’s recent series about the racial wealth gap and other experts talk wealth building, wealth extraction, and the tools available to help close the gap.

Making Homeownership Work Better

Programs that help households of color buy homes haven't made much of a dent in the racial wealth gap. But some strategies could generate better outcomes for buyers.

Rethinking Homeownership Incentives to Shrink the Racial Wealth Gap

This set of federal tax policy recommendations could support first-time homebuyers, enable renters and owners to save money, and help close the wealth gap.

Increased Homeownership Won’t Close the Racial Wealth Gap

Despite the hopes pinned on it, homeownership is currently too affected by racism at every turn to be an equalizer.

Property Tax Relief Programs Don’t Reach Many Homeowners of Color

Property tax relief programs can be essential for helping older and lower-income homeowners keep their homes. But access to them isn’t universal, or equitable.

A Home’s True Worth—Getting Beyond Appraisal Bias

Homes owned by people of color are appraised for less than identical homes owned by white families. Nationwide, that’s led to more than $150 billion in lost equity. How can we stop appraisal bias?

Rethinking the Racial Wealth Gap With Anne Price

A lot of conversations about the racial wealth gap focuses too much on homeownership as the only solution. It's much more complex. Shelterforce's Miriam Axel-Lute talks with Anne Price, president of the Insight Center for Community Economic Development.

Moving Beyond the Holy Trinity of Racial Wealth Gap Answers

We’ve been carrying out asset-building strategies for decades now, but the wealth gap has not shrunk. What needs to be done about it?

A Homeownership Program that Takes Health into Account

A 10-city initiative to boost homeownership also aims to align required fair housing and health needs assessments. Can it be done?

You Can’t Carbon Copy Community Ownership

Community development has long made attempts at wealth building, with a focus on trying to find successful or innovative models that can be replicated....

Community Land Trusts: Combining Scale and Community Control

This is no longer my neighborhood.” Too often, communities of color that experience new investments report that the changes are a detriment to their lives,...

First a Park, Then a Citywide Land Trust in D.C.

Douglass Community Land Trust began with a desire to prevent a new park from displacing neighborhood residents—but it soon got much bigger.

Interboro CLT: A Committed Pipeline from Powerhouse Community Development Groups

Four New York-based organizations work together to place every homeownership unit they develop into a community land trust.

Rescue Plan has Billions Available for Housing, Advocates Urge Officials to...

With relatively few strings attached to the $350 billion in funds states and municipalities will receive, the door is wide open for governments to make a dent in their housing needs. But will they?

Scams on the Rise, Say Housing Counselors

As more people seek help after being defrauded, housing counselors worry that with up to 11 million families facing eviction or mortgage default, the situation will get worse before it gets better.

A Movement-Based Federal Housing Agenda

What are the New Deal for Housing Justice and the BREATHE Act and how do they move beyond previous housing agendas?

The Foreclosure Crisis Waiting for Us in January

Although homeowners have so far accessed financial relief from the pandemic much more easily than renters, housing counselors are bracing for a foreclosure crisis as forbearance terms start to end.