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:

Marisa Calderon
202-464-2707
mcalderon@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.

Addressing the Need for Affordable Homeownership

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

Research:

Addressing the Need for Affordable Homeownership

The COVID Pandemic And Its Impacts On Culturally Significant Businesses

Racial Wealth Snapshot: Women, Men and the Racial Wealth Divide

Black Entrepreneurship’s Lethal Pre-Existing Condition: The Racial Wealth Divide During the COVID Crisis

Relationships Matter: Small Business and Bank Branch Locations

Are Loan Modifications For Small Businesses a Possibility in the COVID-19 Pandemic?

NEWS

Profiles in Impact: Alvin Johnson, Birmingham, Alabama

Meet Alvin Johnson, GROWTH by NCRC’s agent partner at its new Oak Hill community in Birmingham, Alabama. Apart from a seven-year career in the US Navy and two years working in quality control for Firestone in Georgia, the Birmingham native has spent his life serving residents of the city and throughout Alabama.

GROWTH by NCRC and Riddle Property Group, LLC Plan New Construction Townhomes in Vine City

Riddle Property Group, LLC, in partnership with The NCRC Housing Rehab Fund, LLC (NCRC HRF), known as GROWTH by NCRC, signed a development agreement to build affordable new townhomes in Atlanta’s historic Vine City neighborhood.

GROWTH by NCRC and Cleveland Custom Homes Break Ground on Twelve New Builds in Parma Heights, Ohio

The NCRC Housing Rehab Fund, LLC (NCRC HRF), known as GROWTH by NCRC, broke ground on 12 lots dedicated to new construction in Parma Heights, Ohio. GROWTH is partnering with Cleveland Custom Homes (CCH) to build the project.

GROWTH by NCRC Announces New Single-Family Homes Near Gresham Park

The NCRC Housing Rehab Fund, LLC (NCRC HRF), marketed as GROWTH by NCRC, is building 46-single-family homes located in the rolling hills of Decatur, GA, near Eastlake and Gresham Park.

GROWTH by NCRC and the City of Birmingham Sign $25 Million Agreement, Start with Building Homes in Ensley Neighborhood

The Oak Hill Project in Birmingham’s historic Ensley neighborhood is designed to provide opportunities for building generational wealth and community revitalization.

The American Dream Series Arrives in Parma Heights

Cleveland Custom Homes and GROWTH by NCRC Commit to Twelve New Builds Cleveland Custom Homes (CCH), in partnership with The NCRC Housing Rehab Fund, LLC (NCRC HRF), marketed as GROWTH by NCRC, closed on twelve lots dedicated to new construction in Parma Heights, Ohio. Lincoln Village, located near Stumph and Snow Roads, is one of

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.