Key Benefits of Homeownership

• Homeownership is the key to building wealth in America.
  • Homeownership is critical to closing the wealth gap that exists Blacks and Whites.
  • More Americans earn more wealth owning a home than they do investing in the stock market.
  • Homeownership is a powerful way to transmit wealth from generation to generation.

• Closing the gap in wealth between Blacks and Whites can close gaps in jobs, education, and homeownership.
  • Without wealth, it’s hard to send your kids to college
  • Without college, it’s hard for your kids to get a good job
  • Without a good job, it’s hard for your kids to earn a good income
  • Without a good income, it’s hard for your kids to obtain property/ own a home
  • Without property, it’s hard to create wealth so that your kids can send your grand-children to college

• Homeownership creates jobs.
  • The construction and purchase of new or existing homes keeps people employed in the real estate, mortgage, title, insurance, construction, and furniture and home goods industries.

• Homeownership builds strong families and stable communities.