Earlier this month, 50 of Grounded Solutions Network board members, staff members, program members, and resident ambassadors met with roughly 100 Congressional offices in order to educate them on shared equity home-ownership and the importance of lasting affordability. We advocated for HUD funding—specifically for HOME, CDBG, and SHOP—and communicated that tax reform should benefit lower income households and not injure the Low Income Housing Tax Credit and New Market Tax Credit programs.
Eighteen Resident Ambassadors, representing member organizations in 15 states, joined Grounded Solutions’ stakeholders on the hill to share their experience as shared-equity homeowners. Their stories were instrumental to our outreach on the hill, providing firsthand evidence of the successes of shared equity home-ownership.
To follow up with our successful Hill visits, staff member Emily Thaden, board member Christopher Ptomey of Habitat for Humanity, and resident ambassador Ken’yale Demus from Lexington Community Land Trust joined Alia Fierro, and members of the Congressional Hispanic Caucus Institute to hold a congressional briefing, “Addressing the Racial Wealth Gap with Shared Equity Homeownership: A Latino Perspective” on May 23rd.