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The Continued Fight for Housing Justice Webinar

The Continued Fight for Housing Justice Webinar. May 1, 2013. Preserving homeownership for current owners Creating pathways for sustainable homeownership Planning for additional affordable and accessible supply. Homeownership remains source of wealth for American families

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The Continued Fight for Housing Justice Webinar

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  1. The Continued Fight for Housing Justice Webinar May 1, 2013

  2. Preservinghomeownership for current owners • Creating pathways for sustainable homeownership • Planning for additional affordable and accessible supply

  3. Homeownership remains source of wealth for American families • Foreclosure crisis left families exposed to tremendous risk and instable household balance sheets

  4. Resulting in the loss of significant wealth, especially for black and Latino families Urban Institute, 2013

  5. PRESERVE • Foreclosure as a crisis for families and cities • Investors have purchased ~40,000 foreclosed homes1 • Foreclosure to rental conversions means escalating rent prices • Costs to municipalities as well 1 Dollars and Sense Magazine

  6. PATHWAYS • Fair mortgage rulemaking on down payment and monthly payment requirements • Affordable housing • Asset building strategies like IDAs

  7. PLANNING • Integrating housing in initiatives that connect residents to opportunity structures • Sustainable Communities Initiative and Fair Housing Equity Assessments (FHEA)

  8. Kalima Rose, Senior Director PolicyLink  Center for Infrastructure Equity krose@policylink.org

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