Resources

First Generation Foundations: A Guide to Advancing Equity with First Generation Homeownership Programs

April 30, 2024

Homeownership has long been a path to creating financial security and intergenerational wealth, and it continues to be the primary driver of wealth building for families in the U.S. today. While homeownership rates overall have been on the rise, the cost of purchasing a home is significantly higher compared to a year ago, pricing many buyers out of the market. This guide builds on NFHA’s existing policy proposals and research to support local, state, and regional actors to develop and adopt first-generation homeownership policies and programs.

Download the full report here.

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Keys Unlock Dreams Initiative 2023 Impact Statement

The Keys Unlock Dreams Initiative (KUDI) was launched in 2019 to address the precipitous decline in homeownership for Black people as well as systemic challenges faced by Black, Latino, and other consumers of color in their attempts to access homeownership since these groups have been blocked from having equal access to housing opportunities. Our goal...

First Generation Foundations: A Guide to Advancing Equity with First Generation Homeownership Programs

KUDI Impact Statement

This 2022 Keys Unlock Dreams Initiative Impact Statement details the successes of the program.

NFHA and MBA Launch Online Toolkit to Help Lenders Develop Special Purpose Credit Programs for Underserved Communities

The National Fair Housing Alliance (NFHA) and Mortgage Bankers Association (MBA) announced a new online toolkit for mortgage lenders interested in developing Special Purpose Credit Programs (SPCPs).

Groundbreaking Report Identifies Bias and Systemic Barriers in Real Estate Appraisals

Racial discrimination in home appraisals continues to affect Black and Latino homeowners throughout our country, and a new federally-commissioned report from the National Fair Housing Alliance (NFHA) identifies recommendations to address this crisis.

NFHA launches Frontdoor Interactive Web Service to Connect Renters to Assistance

The National Fair Housing Alliance (NFHA) has developed an interactive web service that quickly connects renters who need support to pay their rent or utilities to programs that can provide assistance, addressing a problem that has become more acute because of the COVID-19 pandemic and the economic dislocation that followed it.

Reclaiming Vacant Houses & Preventing Foreclosure

How can communities and local governments turn the tide on vacant and so-called “zombie” homes (those caught in foreclosure limbo) that drive crime, sap the resources of municipalities and undermine most significantly the wellbeing of Black and brown people and their neighborhoods? A report from LISC, in collaboration with Urban Institute, describes in concrete detail how a New York State law, proceeds from an Attorney General settlement with banks responsible for the foreclosure crisis, and a groundbreaking initiative stewarded by LISC have helped municipalities across New York State do just that.

Racial Homeownership Rates Vary across the Most Commonly Cited Datasets. When and Why Should You Use Different Ones?

Racial disparities in the housing market have been stark for nearly a century. Because of the pervasive influence of structural racism, people of color have experienced the greatest barriers to accessing and maintaining homeownership. Read about how data can be used to help close the gap.