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

Publication Date: November 2007

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

Author(s): Jefferey Lubell; Rosalyn Crain; Rebecca Cohen

Research Area:

Keywords: homeownership education; counseling agencies

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.