Originally posted on the What Counts for America blog, reposted with permission. Homestead Community Land Trust’s staff were confident they were meeting their overall targets in providing homeownership opportunities for low-income households in Seattle–that is, until they opened a report that showed their data in context. They weren’t meeting their goals of serving Hispanic families.
Over the past 5 years, Cornerstone Partnership has been coordinating an ambitious effort to collect key performance data from shared equity homeownership programs across the US, including Community Land Trusts, deed restriction programs, shared appreciation loan programs, and Limited Equity Housing Cooperatives. Today we are releasing the culmination of that work, the HomeKeeper 2014 Sector-Wide Social Impact Report. This report consolidates detailed data from 53 affordable homeownership programs