Reid Cramer is Director of the Asset Building Program at the New America Foundation, A nonpartisan public policy institute in Washington, D.C.
ARTICLES IN SHELTERFORCE since jan 08
- In Pursuit of a Responsible Homeownership Policy
Despite current economic woes, families continue to aspire to own their own homes. For many, homeownership represents a path to stability, community, and long-term wealth building. But achieving these social and economic goals requires a new policy regime and regulatory framework that mitigates the inherent risks of the process. If done right—by matching buyers with appropriate mortgage products in a transparent and fair manner—we can make homeownership work for a broad range of American families, even those with low incomes and few resources.