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Press Release

Release date: 12/2/2021

Contact: 
NeighborWorks America Media
202-760-4097
media@nw.org
 

NeighborWorks America Expert Available to Discuss ‘Shared Ownership’ Housing Models

What
Now, as low inventory has caused home prices to soar and many people have spent a large part of the year unsuccessfully searching for an affordable home, nontraditional times call for nontraditional paths so people can become homeowners. One innovative homeownership path is shared equity housing.

Our expert can discuss:
  • How investing in shared equity strategies empowers and protects residents and communities long-term by protecting against gentrification, making homes less susceptible to foreclosure, and enabling residents to have a greater role in wealth-building in their community
  • Real stories of how shared equity strategies transformed people’s lives
When
December 2, 2021 – ongoing, via phone, email, Zoom

Expert Available

Shanti Abedin, Director of Shared Equity Housing, NeighborWorks America
Shanti Abedin leads NeighborWorks America’s efforts to support nonprofits to build their capacity to use shared equity and cooperative strategies to support achieve lasting affordable housing, build wealth for families with limited incomes, and stabilize their communities. Abedin also managed a one-time grant program at NeighborWorks America that provided $27.5 million for neighborhood stabilization and revitalization to communities hit hardest hit by foreclosure. 
Abedin is available to discuss the benefits of shared equity housing and highlights from NeighborWorks America’s Shared Equity Initiative.

About NeighborWorks America
For more than 40 years, Neighborhood Reinvestment Corp., a national, nonpartisan nonprofit known as NeighborWorks America, has strived to make every community a place of opportunity. Our network of excellence includes nearly 250 members in every state, the District of Columbia, and Puerto Rico. NeighborWorks America offers grant funding, peer exchange, technical assistance, evaluation tools, and access to training as the nation's leading trainer of housing and community development professionals. NeighborWorks network organizations provide residents in their communities with affordable homes, owned and rented; financial counseling and coaching; community building through resident engagement; and collaboration in the areas of health, employment, and education.

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