Access to homeownership and quality housing is vital to a strong U.S. economy. Beyond providing shelter, housing affects a person’s employment prospects, job quality, stability, and more. Understanding the housing sector and how it impacts people’s lives is key to the Fed’s work to promote financial security and meet our dual mandate.
Pathways to Housing Affordability
Pathways to Housing Affordability was a series hosted by the Philadelphia Fed to examine housing issues and challenges in the Third District. The series brought together business and community leaders, policymakers, bankers, nonprofits, researchers, and experts in the housing and workforce development sectors to advance collaborative, community-focused solutions. All three events in the series were held in partnership with the Delaware State Housing Authority, New Jersey Housing and Mortgage Finance Agency, and Pennsylvania Housing Finance Agency.
Learn more about Part 1 and Part 3 of the series.
Part 2: Preservation Strategies to Strengthen Workforce Communities
Preserving the affordability and availability of homes for ownership is critical to providing housing options for working families. This session explored strategies to preserve the existing affordable housing stock to ensure continued access to stable housing for low- and moderate-income households.
The session focused on partnerships and innovative solutions to increase and preserve housing affordability. Topics included:
- community-driven solutions that support housing stability;
- strategies to maintain and preserve home quality and affordability; and
- cross-sector partnerships to strengthen economic stability and keep families in their homes.
You can view the agenda here.