The Champlain Housing Trust in Vermont is the country’s largest community land trust. Founded in 1984, it stewards 606 owner-occupied homes in its signature shared-equity program, manages 2,350 apartments and a motel for homeless families, and both owns and manages 140,000 sq. ft. of community facilities and commercial space.
A new interactive tool helps cities, counties and towns develop comprehensive and balanced housing plans that enhance affordability, protect low-income residents from displacement, and foster inclusive neighborhoods.
The Conference on Poverty and Inequality is a student-run conference at the Harvard Kennedy School that focuses on social issues, public policy, and community activism relating to social and economic inequality in the United States.
It has become clear that places considered to be suburbs are, in fact, extraordinarily diverse, including many that have characteristics traditionally associated with “urban” areas. In response, many planners, policy makers, and scholars have been trying to develop new and more meaningful definitions of suburban (and urban) places.
How might refinancing a mortgage affect homeowners' financial situations? In this talk, Joshua Abel will discuss research that, using data from the Home Affordable Refinance Program (HARP) to identify the causal effect of refinancing a mortgage on borrower balance sheet outcomes, indicates that one average, refinancing into a lower-rate mortgage reduced borrowers' default rates on mortgage and non-mortgage debts by about 40 and 25 percent, respectively.