Creating Homeownership & Economic Opportunity
ANDP Study shows $19M in wealth gains by homebuyers
August 22, 2019 - ANDP recently examined its homebuyer records in order to better understand our impact on the families and communities we've served since the beginning of the foreclosure crisis. In particular, we sought to answer the following questions:
1. How many ANDP homebuyers are still living in their homes?
2. What cost savings have ANDP homebuyers experienced in comparison to similarly-situated renters?
3 How much wealth have our homebuyers gained through the provision of down payment assistance home value appreciation, and mortgage pay-down?
We're pleased to share the results of our findings. The report author, Mandy Eidson, will present her findings at ANDP's summit on black homeownership on August 28.