Shelterforce, the official publication of the National Housing Institute and the nation’s oldest continuously-published housing and community development magazine, has recently developed a series of infographics that answer frequently asked questions about affordable housing and the shared-equity homeownership approach as follows:
Click for Answers.- Didn’t the housing crisis prove low-income people can’t be successful homeowners?
- Does shared equity build assets?
- Does affordable housing development lower nearby property values?
- What’s the point of shared-equity homeownership in weak market areas?
Before we provide the download link, you may be asking already, “What is shared equity?” It means co-ownership between a land trust and a home buyer, which ensures that the buyer can at once get an opportunity to purchase a home and share in the wealth-building power of the homeownership lifecycle.
Alright, download the Shelterforce Answers or visit the National Housing Institute’s answers page at http://www.nhi.org/go/theanswer. Want to keep up with the latest trends and news tied to affordable housing and community building? Make sure to visit and subscribe to Shelterforce.