Annual Benefit 2021

May 20, 2021



Research is constantly emerging and shedding light on the long-term benefits of affordable homeownership. Here are some of the major findings that lead us to believe so fully in the link between affordable homeownership and healthy families and neighborhoods.

>> A home is typically the largest asset a family will have and its equity increases a family's wealth over time.1

>> A typical homeowner will be ahead of a typical renter by a multiple of 45 on a lifetime financial achievement scale.2

>> Families living in affordable homes have been found to have double the discretionary income of their neighbors in high-cost housing, putting them in a position to buy health insurance, pay down debt, save for education, or start a business.3  


>> Poor housing quality is associated with higher baseline symptoms of anxiety, depression, and aggression in children from elementary school through young adulthood.4

>> Families living in quality affordable housing are able to dedicate 2x as much of their income to health, and are significantly less likely to forgo needed doctor's visits and medications.5

>> Renter households with children are more likely to have asthma triggers in their homes than owner households, and are more likely to have at least one child with asthma.6



>> For low-income families, housing affordability is associated with greater spending on child enrichment. It also reduces children's residential instability, which has been associated with increased educational attainment and increased earnings in adulthood.7

>> For children living in owned homes, math achievement is up to 9% higher, reading achievement is up to 7% higher, and children's behavioral problems are 1 to 3% lower.8