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Briefing on Affordable Homeownership and Infrastructure
As Congress begins work on legislation to improve the U.S. infrastructure, it is crucial that affordable homeownership be included. Homeownership is a key building block for stable, vital neighborhoods as well for the wealth, education, and health of individual families. There is no investment alternative that is as beneficial as homeownership for building assets, and, as new research is beginning to demonstrate, investments in homeownership improve housing affordability.
Homeownership offers families stable housing costs because mortgage payments on fixed-rate loans don’t increase, unlike rents. Since much economic inequality is rooted in the racial gap in homeownership rates, it is critical to launch a renewed effort to boost the U.S. homeownership rates among people who have been shut out of this important means of building wealth.
On June 28, congressional sponsors of affordable homeownership bills, state officials, homeownership experts, and mission-driven nonprofits spoke on expanding affordable homeownership opportunities. View the event briefing book here.
Rep. Marcy Kaptur (D-Ohio)
Sen. Rob Portman (R-Ohio)
David Dworkin, President and CEO, National Housing Conference
Ed Lee, President & CEO, Habitat for Humanity of Greater Cincinnati
Noerena Limón, Executive Vice President of Public Policy and Industry Relations, National Association of Hispanic Real Estate Professionals
Mike Loftin, CEO, Homewise, Inc. Albuquerque, New Mexico
Ralph Perrey, Executive Director, Tennessee Housing Development Agency
Natosha Reid Rice, Vice President, Global Diversity, Equity and Inclusion Officer, Habitat for Humanity International
Tayani Suma, Senior Vice President, Real Estate, Atlanta Neighborhood Development Partnership