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Impacts of Homeownership Education and Counseling on Homebuyer Purchasing Power: Summary of Findings

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Publication Date: November 2007

Publisher(s): Center for Housing Policy (Washington, D.C.)

Author(s): Jefferey Lubell; Eric Hangen

Series:

Special Collection: John D. and Catherine T. MacArthur Foundation

Topic: Social conditions (Housing)

Keywords: homeowner education; housing

Type: Report

Abstract:

Eric Hangen is president of I Squared Community Development Consulting, Inc. Jeffrey Lubell is the executive director of the Center for Housing Policy. This report presents preliminary evidence suggesting that high-performing homeownership education and counseling agencies may result in quantifiable benefits in the form of increased purchasing power for counseled borrowers that may substantially exceed the costs of providing the counseling.