Homeownership may be more achievable than you think. Shared Equity programs help reduce barriers to ownership while creating affordable opportunities for future buyers.
Renting vs. Buying
Could Homeownership Be More Affordable Than You Think?
Many renters are surprised to learn monthly homeownership costs with CHT’s Shared Equity Program may be comparable to their rent. While every situation is different, Shared Equity Homeownership can make buying more affordable than many people expect.
| Renting | Buying Through Shared Equity |
|---|---|
| Monthly payments benefit your landlord | Build equity over time by paying down your mortgage balance |
| Rent can increase each year | Greater stability and security through ownership |
| Limited control over the property | More options long term |
| Uncertainty of a lease with an end date | Potentially similar monthly costs |
| Landlord responsible for repairs | Freedom to personalize your home |
Why Shared Equity?
Homeownership Within Reach
Buying a home can feel out of reach, especially with rising home prices. The Shared Equity Program helps make homeownership more affordable by reducing the purchase price of a home.
You can enjoy many benefits of homeownership, including stability, equity building, and a place to call your own.
- More Affordable Purchase Price: Access homes priced below market value.
- Build Equity: Grow your investment over time while living in your home.
- Stable Housing Costs: Enjoy predictable monthly mortgage payments.
- Strengthening Communities: Help preserve affordable homeownership opportunities for future generations.
Getting Started
Your Homeownership Journey Starts Here:
Learn more about the shared equity program
Success Story
From renter to homeowner—read Jim DePierro’s story here.