Shared Equity Housing

Shared equity housing is a model where a homeowner and an investor or organization jointly own a property. The homeowner typically lives in the home and shares a portion of its value with the investor, who retains ownership of the remaining equity. When the homeowner sells, both parties share the proceeds based on their ownership shares. This arrangement makes homeownership more affordable by reducing the upfront costs and monthly payments for the resident, while the investor benefits from a share of the property's appreciation. It’s a partnership that promotes homeownership access and financial growth for residents.