Shared equity homeownership, often through a community land trust like CHT, is getting noticed. We’ve known (and demonstrated [PDF-4.5MB]) that the program works to create homeownership opportunity for people of limited means, and that it’s a growing response across the country to help people reach their dreams of owning their home.
Now, more mainstream national media outlets are taking notice. The National Journal, which in collaboration with The Atlantic, developed a new series they called the Next Economy focused on innovations. They’ve featured CHT’s shared equity program on both of their websites (you can find them here and here). Soon after, the story was picked up by CNN Money, too.
The headlines might be a little funny, but the message of the article is clear: shared equity homeownership works, and is worth a deeper look as a sustainable option for creating new opportunities for the next generation of homebuyers.