In this Book
- Low-Income Homeownership: Examining the Unexamined Goal
- Book
- 2002
- Published by: Brookings Institution Press
- Series: James A. Johnson Metro Series
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.
Table of Contents
- Acknowledgments
- pp. xiii-xiv
- PART 1: Homeownership in the 1990s
- PART 2: Overcoming Borrowing Constraints
- pp. 105-110
- PART 3: Returns to Homeownership
- pp. 201-207
- PART 4: Low-Income Loan Performance
- pp. 275-278
- Contributors
- pp. 479-480