Low-Income Homeownership

Low-Income Homeownership

Examining the Unexamined Goal

eBook - 2004
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A generation ago little attention was focused on low-income homeownership. Today homeownership rates among under-served groups, including low-income households and minorities, have risen to record levels. These groups are no longer at the margin of the housing market; they have benefited from more flexible underwriting standards and greater access to credit. However, there is still a racial/ethnic gap and the homeownership rates of minority and low-income households are still well below the national average. This volume gathers the observations of housing experts on low-income homeownership and its effects on households and communities. The book is divided into five chapters which focus on the following subjects: homeownership trends in the 1990s; overcoming borrower constraints; financial returns to low-income homeowners; low-income loan performance; and the socioeconomic impact of homeownership.
Publisher: New York, NY : Brookings Institution Press, 2004
Copyright Date: ©2002
ISBN: 9780815706038
9780815706144
Branch Call Number: Electronic book
Characteristics: 1 online resource (512 pages)
Additional Contributors: Belsky, Eric S.
ProQuest (Firm)

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