Shared Appreciation Loans

Shared appreciation loans are structured as second mortgages, but are considered “silent” in that borrowers make no payments until they sell the home (or, in some cases, refinance the first mortgage). At the time of sale, the family is required to repay the full amount of the loan plus a portion of the home price … Read more

Welcome to! is a new resource developed by the Center for Housing Policy, and launched as a part of Housing Solutions Week. Click here to view materials from the week. The site provides government and business leaders, housing practitioners and advocates, and other interested individuals with timely and reliable information on successful policies that states and … Read more

Accessory Dwelling Units

Accessory dwelling units are self-contained residential units that are either: — Set aside within a larger single-family home, such as a separate basement or attic apartment, — Attached to a primary residence, such as an apartment above an attached garage, or — Smaller separate units built on the same lot as single-family homes. Accessory dwelling … Read more

Establish Inclusionary Zoning Requirements or Incentives

What is inclusionary zoning? Inclusionary zoning is a flexible tool that uses the momentum of the real estate market to create new affordable rental and ownership opportunities. Inclusionary housing policies may be mandatory or voluntary, and either require or offer incentives for developers of market-rate projects to set aside a modest percentage of units for … Read more

Use Shared Equity Mechanisms to Preserve Homeownership Subsidies

What is shared equity homeownership? Shared equity homeownership is a unique approach to affordable homeownership. Under this approach, a state or local government provides funding to help a family purchase a home. In return, the government entity shares in the benefits of any home price appreciation that may occur while the family lives there. The … Read more

Featured Podcast

In these welcoming remarks, Henry Cisneros, executive chairman of CityView and former secretary of the U.S. Department of Housing and Urban Development, discusses the housing challenges facing working families that he and his co-authors – Kent Colton, Jack Kemp, and Nic Retsinas – address in their new book, Our Communities, Our Homes: Pathways to Housing … Read more

Ensure Zoning Policies Allow Housing Diversity

Communities interested in expanding the availability of affordable homes should carefully examine both the letter and effects of current zoning policies. Are there adequate opportunities to build multifamily homes? Can residents build accessory dwelling units for a relative or for additional rental income? Does the system rely heavily on zoning variances that make it more … Read more

Preserve and Extend Affordability

What are the challenges to preserving and extending affordability in location-efficient areas? In many cases, large-scale investments in transit and other infrastructure catalyze increases in the value of properties that are well-located near the new amenities. While this growth can be positive for the overall neighborhood, it can also threaten the continued availability of existing … Read more