New Article Highlights Resiliency of Shared Equity Homeownership During Volatile Housing Market

A new article in the Boston Federal Reserve Bank's Communities & Banking magazine highlights how the stewardship component of many shared equity homeownership programs help to create more stable affordable housing opportunities throughout the complete housing market cycle. In addition to maintaining affordability at the top of the market cycle, these programs also help to prevent homeowners from defaulting at the bottom of cycle, preventing foreclosures and providing stability.

Do you have examples from your community of how shared equity programs have served to preserve affordability when prices increased rapidly and/or aid homeowners when the housing market has declined, such as during the recent housing crisis?