A Simple Intervention to Reduce the Wealth Gap, Increase Mobility, and Build an Inclusive Economy

Suzanne Sarka April 1, 2023

Owning a home has historically been one of the most important catalysts for wealth creation. However, America’s low wealth families face a number of barriers to homeownership, one of the most significant of which is affording a down payment.

The Mobility & Homeownership Program (MHOP) is a bold new initiative to replace conventional housing programs based on subsidized rents and/or investor returns with an evidence-based, structural response. MHOP translates downstream savings into down payments, empowering low-wealth families to own homes in high mobility neighborhoods, amass wealth, and invest in their children, thereby breaking the intergenerational reproduction of inequality.

Join us for a discussion with the team involved in designing, building, funding, and implementing the Mobility & Homeownership Program’s nationwide initiative for homeownership.

 

Format

Other

Themes

Mobility, Homeownership, Outcomes, Research, Academia, Place-based Investing, Community Programming, Impact Investing

Purpose and Desired Outcome

The purpose of this session is to highlight an approach that provides long term governmental savings by shifting expenditure on conventional housing programs into investment in local communities, mobility and homeownership. The desired outcome is to generate discussion and feedback, and raise awareness with participants at all levels - government, foundations, community providers and investors - to support further development and application of this type of model as a catalyst for homeownership in the U.S.

Audiences

  • Allocators (Family Offices, HNW Individuals, Foundations)

  • Asset Managers

  • Intermediaries (Financial Advisers, Investment Bankers)

  • Government

  • Academia

  • Corporate & SME

Speakers

  • NameSuzanne Sarka
  • TitleFounder / CEO
  • OrganizationPIMFA.org / PALIO Impact Capital
  • StatusConfirmed, Invited
  • NameHousing Policy Leader
  • TitleTo be announced
  • OrganizationUniversity
  • StatusInvited
  • NameAcademic & Research Leader Focused on Mobility & Inequality
  • TitleTo be announced
  • OrganizationStanford University
  • StatusConfirmed, Invited
  • NameImpact Investor Leader Focused on Structuring with Catalytic Capital
  • TitleTo be announced
  • OrganizationInstitutional Investment Firm
  • StatusInvited
  • NameFoundation Leader Supporting Homeownership
  • TitleTo be announced
  • OrganizationLarge Philanthropy
  • StatusInvited
  • NameReal Estate Housing Leader Focused on the Housing Product
  • TitleTo be announced
  • OrganizationReal Estate Company
  • StatusInvited
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