NeighborWorks America's real estate convening marked the first chance that more than 160 staff from across the NeighborWorks network have had to be together in four years. In the days since, conversations started during the convening have continued and will continue throughout the year.
 

NeighborWorks America's Shared Equity Initiative offers resources and insights for community-based organizations working to implement shared equity on the ground. NeighborWorks is dedicated to a people-based, place-based and asset-based approach; no single pathway is going to work for every organization. Our resources illuminate the options that are available to every organization to be an implementer or a partner for shared equity housing. 

NeighborWorks America's Shared Equity Initiative offers resources and insights for community-based organizations working to implement shared equity on the ground. NeighborWorks is dedicated to a people-based, place-based and asset-based approach; no single pathway is going to work for every organization. Our resources illuminate the options that are available to every organization to be an implementer or a partner for shared equity housing. 

Shared equity housing is an important resource for tackling the affordability crisis across the United States and Puerto Rico. As home prices have skyrocketed to more than five times the median household income, standard approaches to affordable homeownership serve a dwindling number of families, because limited subsidy dollars must be spread across fewer households. Shared equity housing can assist by establishing lasting affordability that serves multiple families over time.

Shared equity housing is an important resource for tackling the affordability crisis across the United States and Puerto Rico. As home prices have skyrocketed to more than five times the median household income, standard approaches to affordable homeownership serve a dwindling number of families, because limited subsidy dollars must be spread across fewer households. Shared equity housing can assist by establishing lasting affordability that serves multiple families over time.

Dwelling Place has taken a variety of approaches to increase the availability of affordable homes in West Michigan over the years, most recently in shared equity housing development. The NeighborWorks network organization has a new 42-unit single-family community land trust in the works, as well as a townhome development in partnership with The Habitat Company in Chicago. The organization is also working to convert 45 existing rental homes into shared equity condominiums.

Staff at One Roof Community Housing call it "The Skinny House." The Duluth home – which the NeighborWorks network organization sold at the end of May – is part of a community land trust, built on a lot that most developers had passed over because of its size.
 

Staff at One Roof Community Housing call it "The Skinny House." The Duluth home – which the NeighborWorks network organization sold at the end of May – is part of a community land trust, built on a lot that most developers had passed over because of its size.