New study features Vermont shared equity homes

By: Leslie Black-Plumeau

Based on a study of seven places in the U.S, including the Vermont towns served by the Champlain Housing Trust, Apt Associates’ Jeffrey Lubell concludes that shared equity approaches to housing have clear benefits.  

Not only can shared equity approaches limit downside risk, their loans often perform better, Lubell found.  Less than half a percent of the large sample of shared equity homes were in foreclosure in 2011, while the rate for the broader market was 4.63 percent. In addition, most shared equity approaches involve long-term affordability provisions that can help successive owners.

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