Social Impact: Policies
Creating change for the future – for everyone
Many of America’s societal inequities are rooted in housing policy, which is why we partner with government, industry groups and community organizations to advocate for legislation at the local, state and national levels that makes home a reality for more and more people.
Minimize friction in the process
Navigating the path to homeownership can be fraught with friction, particularly around fair housing considerations. Challenges such as discriminatory practices, unequal access to housing opportunities, and lack of transparency in the homebuying process can impede individuals from achieving their housing goals and exacerbate existing disparities in housing access.
Lower upfront costs
The substantial upfront costs associated with moving, whether renting or buying, often present a significant barrier for consumers. Additionally, expenses such as security deposits, application fees, broker fees, down payments, and other related costs can be prohibitive, limiting individuals’ ability to access housing options.
Increase housing supply
With demand outstripping supply in many markets, home seekers are facing escalating prices and bidding wars, making both homeownership and affordable rental housing increasingly unattainable for many individuals. The imbalance between housing supply and demand is a key factor contributing to the affordability crisis in the real estate market.
Related
Redlining’s Legacy: Hurdles Remain to Break Down the Homeownership and Wealth Gap
A rental market that works for everyone
Why ‘middle housing’ is critical to easing the housing affordability crisis