Low Income Homeownership: Estimating Policy and Program Impacts
(Housing and Community Development)
*Names in bold indicate Presenter
The studies included in this panel combine these important attributes to contribute to more nuanced understanding of policies impacting low income homeowners. The papers cover the lifecycle of homeownership, beginning with savings accounts for children (SEED accounts) that were expected to lead to better long term asset building opportunities including homeownership, affordable mortgage programs designed to enable access to homeownership (through state housing finance agencies and affordable lending collaboratives such as North Carolina’s Community Advantage Program), and a nationwide foreclosure prevention program targeting homeowners who experienced job loss. Each of the papers employs longitudinal data, and supplements traditional measures of mortgage delinquency and default with a more nuanced understanding of program impacts through in-depth qualitative interviews, survey information or a rich contextual understanding of the program design. Combined, these papers provide a more holistic picture of the impacts of low income homeownership policies and programs.