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5 ORGS · 17 ACTIVITIES ← all strategies ·
approach

Homeownership as Wealth-Building

methodology: wealth_building_through_homeownership

By advancing affordable and sustainable homeownership for underserved populations, we produce long-term economic stability and racial wealth equity, because homeownership enables asset accumulation, intergenerational wealth transfer, and repair of historical housing injustices. This strategy centers homeownership not merely as housing stability but as a transformative vehicle for economic empowerment, particularly for Black and low-income families historically excluded from wealth-building opportunities. It integrates financial counseling, down payment assistance, and systemic advocacy to address both individual and structural barriers, distinguishing it from generic homeownership programs by explicitly linking asset ownership to racial and economic justice.

5
orgs running it
17
activities of those orgs
10
activity groups touched
who runs it

Organizations running this strategy · 5

what it looks like in practice

Activities of orgs running this strategy

A sample of programmatic activities from the orgs above — what the strategy looks like on the ground.

  • Advocates for real estate professionals through legislative engagement NEW YORK STATE ASSOCIATION OF REALTORS INC
    advocacy
    Represents real estate professionals in New York State by engaging in legislative activities, including organizing an annual Lobby Day event in Albany and issuing public statements on policy issues such as proposed property tax increases.
  • Develops leadership skills among emerging real estate professionals NEW YORK STATE ASSOCIATION OF REALTORS INC
    capacity building
    Runs the NYSAR Leadership Academy, a structured leadership development program that includes a five-part retreat series across New York State; reviews applications and selects participants to train future real estate leaders.
  • Funds scholarships for real estate education and professional development NEW YORK STATE ASSOCIATION OF REALTORS INC
    grantmaking
    Through the NYS Real Estate Education Foundation, awards grants to REALTORS® in New York State for national designation courses (including ABR, GRI, ePRO, SRES, CIPS), certification programs, and Instructor Training Institute (ITI) programs covering half of tuition costs; has awarded over 1,200 scholarships since 2003, totaling more than $425,000.
  • Provides legal assistance and legal education to real estate professionals NEW YORK STATE ASSOCIATION OF REALTORS INC
    direct service
    Offers legal support to members in real estate-related cases, answers legal questions, and hosts monthly webinars providing continuing education credit on legal issues for real estate professionals in New York State.
  • Acquires, rehabilitates, and constructs affordable homes COMMUNITY HOMES HOUSING DEVELOPMENT FUND COMPANY
    direct service
    Acquires, rehabilitates, and constructs one- to four-family homes to expand the affordable housing stock for low- and moderate-income communities.
  • Refers families to homeownership counseling and training COMMUNITY HOMES HOUSING DEVELOPMENT FUND COMPANY
    capacity building
    Refers homebuyer families to an affiliate organization for counseling and training to prepare them for successful homeownership.
  • Sells affordable homes to underserved families COMMUNITY HOMES HOUSING DEVELOPMENT FUND COMPANY
    direct service
    Sells newly developed or rehabilitated homes to low- and moderate-income, minority, immigrant, and underserved families, promoting equitable homeownership opportunities.
  • Community planning and development support AFFORDABLE HOUSING PARTNERSHIP OF THE CAPITAL REGION INC
    capacity building
    Supports the development of energy master plans, Sheridan hillside plans, and redevelopment strategies for vacant commercial and residential buildings in the neighborhood.
  • Down payment and homebuyer assistance programs AFFORDABLE HOUSING PARTNERSHIP OF THE CAPITAL REGION INC
    direct service
    Administers down payment assistance programs such as the Homebuyer Dream program and provides grants of up to $10,000 to Black first-time homebuyers in specified cities to cover down payment and closing costs; determines eligibility using HUD income guidelines and offers expanded eligibility through lender-partnered programs.
  • Energy efficiency and home assessment services AFFORDABLE HOUSING PARTNERSHIP OF THE CAPITAL REGION INC
    direct service
    Provides free home energy assessments with actionable reports and assists low-income households with energy efficiency improvements and financing through NYSERDA; installed 32 rooftop solar panels on low-income homes and 5 on commercial buildings.
  • Home repair and rehabilitation assistance AFFORDABLE HOUSING PARTNERSHIP OF THE CAPITAL REGION INC
    direct service
    Administers the Albany Home Repair Program, providing funding for roof repairs, heating system upgrades, and electrical upgrades for eligible homeowners; supported 72 homeowners in Albany with over $2.1 million in repairs and renovated 4 formerly vacant properties through partnership with the Albany Community Land Trust.
  • Homebuyer education and counseling AFFORDABLE HOUSING PARTNERSHIP OF THE CAPITAL REGION INC
    direct service
    Offers free monthly Homebuyer 101 orientations and comprehensive homeownership education classes that result in a certificate of completion; also provides one-on-one housing advisor meetings to create personalized homeownership plans, assess eligibility for down payment assistance, review credit, and establish savings strategies.
  • Mortgage counseling and financial support for homeowners AFFORDABLE HOUSING PARTNERSHIP OF THE CAPITAL REGION INC
    direct service
    Provides mortgage counseling and support to homeowners facing financial challenges, helping them negotiate with lenders and apply for loan modifications.
  • Neighborhood revitalization and community development advocacy AFFORDABLE HOUSING PARTNERSHIP OF THE CAPITAL REGION INC
    advocacy
    Collaborated with the Sheridan Hollow Neighborhood Association to secure state designation of the neighborhood as a Brownfield Opportunity Area; developed a neighborhood revitalization plan and facilitated monthly community meetings to coordinate input and resource mobilization.
  • Property and housing management AFFORDABLE HOUSING PARTNERSHIP OF THE CAPITAL REGION INC
    direct service
    Manages 53 low-income scattered-site residential units and a 12-unit business incubator through its Community Realty social enterprise program.
  • Provides affordable housing facilities for low-income families ISLA HOUSING & DEVELOPMENT CORP
    direct service
    Operates and provides housing facilities specifically designed for low-income families, including support for owner-occupied homes. This includes developing and maintaining residential properties to ensure long-term affordability and stability.
  • Promotes sustainable homeownership Asian Real Estate Association of Metro New York
    direct service
    Engages in activities aimed at promoting sustainable homeownership, likely through education, outreach, or support programs for homebuyers or current homeowners.