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Low-income homeownership : examining the unexamined goal /

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...

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Bibliographic Details
Call Number:Libro Electrónico
Other Authors: Retsinas, Nicolas Paul, 1946-, Belsky, Eric S.
Format: Electronic eBook
Language:Inglés
Published: Cambridge, Mass. : Washington, D.C. : Joint Center for Housing Studies ; Brookings Institution Press, ©2002.
Series:Brookings metro series.
Subjects:
Online Access:Texto completo
Description
Summary: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.
Physical Description:1 online resource (xiv, 495 pages) : illustrations, maps
Bibliography:Includes bibliographical references and index.
ISBN:0815706030
9780815706038