Shared-Equity Rental Housing: How can we make it a reality in California?

Project Description

Homeownership is an expensive, risky investment, but also a major source of wealth and security for many California households. Renting offers flexibility and financial accessibility, but lacks the advantages of ownership. We are evaluating the feasibility of "shared-equity rental housing," an innovative housing model seeking to combine benefits of homeownership and renting while mitigating their drawbacks. With support from MapCraft Labs, this project will identify major barriers to the adoption of shared-equity rental housing, and policy reforms and financial instruments that could be deployed to expand it.

Status
Ongoing

Funding Source
Chan Zuckerberg Initiative