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Shared Equity Ownership Initiative

Homeownership remains a major goal for low and moderate income households seeking to increase housing stability, independence and wealth. Affordable home ownership remains a major goal for state and local governments to promote vibrant, stable neighborhoods; reduce poverty; and secure their tax base. Creating affordable homeownership, however, has grown more difficult. Median home prices increased by over 60% between 1996 and 2006 while median income increased by just 35%.
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