Homeownership Council of America’s Post

Purchasing a home is so much more than a financial transaction. According to the National Association of Realtors (NAR): "The advantages of buying and owning your home are both fiscal and psychological - the pride in homeownership and the sense of stability are significant intangible benefits." Homeowners tend to be more engaged in their local communities, fostering a greater sense of community belonging. Let's get you started on the path to homeownership. Lisa Vlijter 954.305.0959 #homeownership #generationalwealth #financialfreedom #lisavlijterrealtor #philadelphiarealestate

𝗔𝗰𝗵𝗶𝗲𝘃𝗶𝗻𝗴 𝗛𝗼𝗺𝗲𝗼𝘄𝗻𝗲𝗿𝘀𝗵𝗶𝗽 𝗳𝗼𝗿 𝗕𝗹𝗮𝗰𝗸 𝗮𝗻𝗱 𝗕𝗿𝗼𝘄𝗻 𝗖𝗼𝗺𝗺𝘂𝗻𝗶𝘁𝗶𝗲𝘀: 𝗧𝗮𝗰𝗸𝗹𝗶𝗻𝗴 𝗧𝗼𝗱𝗮𝘆'𝘀 𝗥𝗲𝗱𝗹𝗶𝗻𝗶𝗻𝗴 Homeownership is a cornerstone of financial stability and community strength, yet Black and Brown communities continue to face significant barriers. Our latest video sheds light on the modern-day manifestations of redlining, an issue that persists in a more covert form. 𝗪𝗮𝘁𝗰𝗵 𝘁𝗵𝗲 𝗳𝘂𝗹𝗹 𝘃𝗶𝗱𝗲𝗼: https://lnkd.in/gmHKdZfa Despite homeownership rates for Caucasians being around 73%, Black and Brown communities see much lower numbers. Our goal is to educate these communities on how to navigate the housing market and secure homeownership, thereby combating the effects of contemporary redlining. Dr. Herbert Harris joins us to discuss strategies and resources to empower Black and Brown individuals in achieving their homeownership dreams. Understanding these barriers and finding ways to overcome them is crucial for fostering equity in housing. 𝗪𝗮𝘁𝗰𝗵 𝘁𝗵𝗲 𝗳𝘂𝗹𝗹 𝘃𝗶𝗱𝗲𝗼: https://lnkd.in/gmHKdZfa #Homeownership #Redlining #FinancialEquity #BlackHomeowners #BrownHomeowners #HousingJustice #CommunityEmpowerment

Empowering Homeownership in Diverse Communities Diverse communities are underrepresented in housing opportunities. Let’s talk about it. We acknowledge the resilience and potential within communities historically sidelined by discrimination and systemic barriers. By embracing a more proactive and inclusive approach at New American Funding, we can unleash the untapped potential within diverse communities and eventually redefine what success in homeownership truly means for the broader economy. Swipe to learn more about our work towards inclusive homeownership and visit our link in bio to download our full White Paper detailing the issues communities face when it comes to housing and what we are doing about it. This work is so core to who we are. Mirroring the communities we serve in leadership and throughout the organization has allowed us to make an impact on homebuyers in a way that shapes the culture of fair lending. If you’ve felt unseen or that homeownership isn’t accessible, know that we see you, and we are here to help. #equalhousing https://lnkd.in/gB_rsEyH

Homeownership is a proven pathway to wealth-building, especially for low-income families and communities of color. Yet, barriers like limited affordable housing, restricted credit access, and systemic inequities make this opportunity hard to reach. At Habitat for Humanity, we’re breaking down these barriers by: ✔️ Offering affordable, low- or zero-interest loans to reduce financial burdens. ✔️ Building modest, sustainably priced homes to ensure families can accrue equity from day one. ✔️ Providing financial education to empower families in their homeownership journey. ✔️ Advocating for inclusive housing policies to support equitable access. Homeownership isn’t just about having a roof over your head—it’s about stability, generational wealth, and stronger communities. Let’s continue to pave the way for more families to achieve their dreams. Together, we build homes, communities, and hope! #HabitatForHumanity #AffordableHousing #WealthBuilding #EquityThroughHomeownership#HabitatNRV

Homeownership is the foundation of strong communities, family legacies and economic prosperity for generations to come. As the housing market faces challenges, we're working to address affordability issues from all sides. Read as Single-Family's SVP of Mission and Community Engagement Danny Gardner dives into the meaningful progress we've made to help more families make home possible. https://bit.ly/3Y1Ezn3

When choosing between a Homeowners Association (HOA) and a cooperative (co-op) for housing, it's important to understand the differences in ownership, costs, governance, and community dynamics.

🔗 https://lnkd.in/gXwb32vb 🏡 As the dream of homeownership seems increasingly out of reach for many, it's time to dive deep into what's truly driving the cost of housing sky-high. 📈 From my own family's experience of seeing our homes increase fivefold and even tenfold in value, to the intricate dance of supply and demand that rules the market, our latest blog tackles the tough questions: Why are homes so expensive, and what can we actually do about it? 🌟 Let's start a meaningful conversation on making the American Dream accessible again. Read our latest blog to explore the complexities of housing affordability and join us in advocating for real solutions. Because home isn't just where the heart is—it's where our future is. 🔗 https://lnkd.in/gXwb32vb #HousingCrisis #AmericanDream #HomeAffordability #TheWeinlandTeamBlog

Today is the 56th Anniversary of the passing of the Fair Housing Act of 1968, which protects people from discrimination when they are renting or buying a home, or engaging in other housing-related activities. NAAHL firmly believes that everyone deserves access to an affordable, decent home and remains committed to responsible #affordablehousing financing and closing the racial homeownership gap. #NationalFairHousingMonth

For those in Portland, Oregon, this is a really important point to raise to City Council at next week's hearing. I have learned that there may be a move to pull the set-aside for housing affordability in the TIF districts. Thanks to Habitat for Humanity Portland Region for making it easy to figure out how to sign up. Q. What is the decision at City Council? A. City Council is voting on whether or not to create three new tax-increment-financing "TIF" districts/urban renewal areas. Q. What is TIF or an urban renewal area? A. The City of Portland draws an area on a map and forecasts the increase in property values over time. This is called an urban renewal area. The City of Portland then uses the forecast to generate a pool of money to use upfront and over many years to make investments and pay for Prosper Portland staff to adminster the TIF disrict/urban renewal area. The City can use the money for a variety of purposes (e.g., beautification effforts, building enhancements and upgrades, affordable housing). It's especially important that the City find a balanced approach to investing in the urban renewal area/TIF district. Q. Why do we need to commit to affordable housing strategies in the TIF/urban renewal area? A: City Council can be tempted to invest in ways that only increase the property values (sometimes referred to as gentrification). This leads to higher rents and rent hikes, property tax hikes based upon new assessments, and higher mortgage prices (for new home purchases). Soon, the area becomes more and more out of reach for the many (sometimes referred to as displacement). Renters are priced out...evicted... Seniors on fixed incomes are foreclosed on because, although they may have paid their home, the taxes are too much for them to afford. First time homebuyers have to look elsewhere because there aren't homes available. TIF districts without boosting housing affordability and availability are extremely dangerous, diminish our city's livability, and subsidize the lifestyles of a few.

If we as a Commonwealth fail to address the undervaluation of Black and brown communities and the widening racial homeownership gap, we all stand to lose. Read the full letter to the editor by CHAPA's Whitney Demetrius and Maritza Crossen: https://lnkd.in/eytu3cnU #racialhomeownershipgap #racialwealthgap