- Created: Friday, 15 December 2017 10:57
- Written by Laura Proescholdt
Housing development programs that focus only on increasing the supply of housing without explicitly integrating the interests of the community can prove ineffective, since community members — the customers — won’t buy what that organization is attempting to sell.
“Community First,” a resource released this month by Minnesota Housing Partnership, aims to close this gap by helping organizations
- understand the market they’re aiming to serve;
- identify and address existing barriers to homeownership;
- and establish effective programmatic approaches — tailored to their customers — to attract and support homebuyers to invest in properties and targeted neighborhoods.
To create this resource, Minnesota Housing Partnership and Econometrica dug into more than 300 homebuyer / homeowner programs across the United States. In addition to outlining general principles and best practices, the report includes short examples that showcase innovative ideas that organizations can apply as they look for creative approaches to put community first.