The Affordable Homeownership Coalition
meeting the homeownership needs of a new generation
The Affordable Homeownership Coalition is a bipartisan alliance of the nation’s leading home mortgage lenders, home builders, real estate professionals, community development groups, civil rights organizations and consumer advocates committed to expanding home ownership opportunities for low- and moderate-income households. We are united in recognizing that the nation needs more homes and more homeowners if we are to meet the social and economic challenges facing the country.
For more information contact:
Ed Gorman
202-464-2725
ahc@ncrc.org
Get in touch
Latest:
On August 19, AHC brought a variety of perspectives together for a Qualified Mortgage Rule (QM) Roundtable. Based on the valuable insights shared at the roundtable, we have compiled an Executive Summary and a more detailed Overall Summary. We also have a Primer on the QM rule discussed at the roundtable to provide context.
Our mission:
The Affordable Homeownership Coalition will work with federal, state and local officials to advocate for policies that will help overcome barriers preventing the construction of new homes and improving the condition of vacant or abandoned homes to meet the homeownership needs of a new generation.
In addition, we aim to increase the number of borrowers who can qualify for sustainable homeownership loans at competitive rates so that more families can build wealth through owning homes of their own.
Overview:
Affordable Homeownership Crisis:
- Home inventory shortage
- Homes being converted to rental
- Labor and construction costs soaring
- Land-use restrictions
Advocacy:
The Affordable Homeownership Coalition is working across political party lines to increase awareness of the affordable homeownership crisis, advocate for increasing the nation’s inventory of homes and ensure that qualified borrowers can obtain affordable mortgage loans.
Among our recent advocacy actions:

The AHC joined with the National Community Reinvestment Coalition to submit a statement in connection with a hearing in the House of Representatives’ Financial Services Committee that focused on barriers to minority homeownership

Advised leaders of the Administration’s newly created Council to Eliminate Regulatory Barriers to Affordable Housing

Briefed Democratic and Republican congressional staff leaders of the Financial Services Committee

Analyzed the likely impact on affordable homeownership expansion of the Administration’s housing finance reform proposals
NEWS
Jennifer Powers Promoted to National Vice President of Acquisitions at GROWTH by NCRC
The NCRC Housing Rehab Fund, LLC (NCRC HRF), marketed as GROWTH by NCRC, has appointed Jennifer Powers as National Vice President of Acquisitions.
Columbus Celebrates Completion of 20 New Homes as Part of Regional Affordable Housing Initiative
The NCRC Housing Rehab Fund, LLC (NCRC HRF) announced today completion of phase one of the Franklin County affordable housing initiative designed to increase home ownership for low- and moderate-income Ohio residents.
GROWTH by NCRC and Greenlining Realty USA Celebrate Completion of Nine Housing Units in West Woodlawn
Woodlawn Pointe Project in South Chicago’s Historical Neighborhood Designed to Help Reverse Long-Term Impacts of Discriminatory Redlining Practices
GROWTH by NCRC AND Benedict-Allen Community Development Corporation Announce the Completion of Eight New Affordable Homes
The NCRC Housing Rehab Fund (GROWTH) and the Benedict-Allen Community Development Corporation today announced the completion of eight new affordable homes north of the Benedict College campus in downtown Columbia, South Carolina.
Milwaukee Neighborhood News Service: OPINION: There’s new-found momentum for affordable homeownership in Milwaukee. Let’s not mess it up, local and state leaders.
Nationwide, 64% of Americans own their homes. In Milwaukee, merely 52% do. And the challenges are substantially greater for lower-income households and people of color. The differences are as plain as black and white – literally.
USA Today: Black households can afford just 25% of homes for sale, down from 39% in 2012
The share of African Americans who own their homes fell from 43.8% in early 2012 to 40.6% in the second quarter, according to the U.S. Census Bureau. By contrast, the white homeownership rate has edged down slightly, from 73.5% to 73.1%. In 2004, during the housing boom, nearly half of black people owned their homes.
National Mortgage News: Median sale price of Twin Cities home hits a record in October
Entry-level home buyers outnumbered sellers in the Twin Cities metro in October, boosting prices and stifling sales of houses priced at less than $300,000. For those willing to spend more than that, it was a radically different story — sales and listings of move-up properties increased double-digits.
DS News: Rising Rates for Minority Homeownership
Census Bureau’s Housing Vacancies and Homeownership Survey show minority homeownership rate rose 0.9% to 48.3% during Q3 2019.