Low-Income Homeownership

Description:

Annotation 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.

subjects: Infrastructure,  Home ownership,  SOCIAL SCIENCE,  Lage-inkomensgroepen,  Social aspects,  Homeowners,  Social Policy,  General,  Economic conditions,  Low-income housing,  POLITICAL SCIENCE,  Woningbezit,  Public Policy,  BUSINESS & ECONOMICS,  Finance,  Poor, housing,  United states, economic conditions,  Finance, united states

Places: United States