HOME - Insights
Insights
Research on Latinos and homeownership to advance evidence-based policy and market solutions.
The Home Ownership Means Equity (HOME) initiative is dedicated to transforming the economic trajectory of Latinos by advancing systemic change to enable the creation of 4 million new Hispanic homeowners by 2030. In pursuit of this goal, the initiative places a significant emphasis on informed decision-making and assessment, leveraging research and data analytics to inform policies and practices that will increase homeownership rates within the Latino community. The Urban Institute, an independent nonprofit research organization, is a partner in the HOME initiative. The Urban Institute provides research and data analytics to inform and assess the HOME initiative’s goal.
National and State Level Dashboards for Hispanic Homeownership
A Research Agenda to Advance Latino Homeownership
A Research Agenda that poses the critical questions to answer to expand and sustain Latino homeownership in the United States.
With the Latino homeownership rate reaching its highest point since 2009, the report highlights the growing significance of Latinos in the housing market. The research agenda, developed in a collaboration between the Urban Institute and UnidosUS as part of the Home Ownership Means Equity (HOME) initiative, focuses on understanding the historical context, unique structural challenges, macro-level conditions, housing supply dynamics, and the impact of financial technology on Latino homeownership.
Calls for Papers
UnidosUS partnered with the Urban Institute on a Call for Papers that seeks to close knowledge gaps on the challenges and opportunities for advancing Latino homeownership. Together and through our published research agenda on Latino homeownership, we seek to engage researchers, particularly those with relevant lived experience, to conduct research on topics that have been identified as knowledge gaps in our understanding of the barriers and opportunities to advance Latino homeownership.
Proposals are currently being reviewed for the funded Call for Papers, while submissions for the unfunded call for papers are being accepted until March 1, 2024. Selected research will be showcased at a research symposium held in partnership with and hosted at the Urban Institute’s headquarters in Washington, D.C.
ITIN Mortgages
ITIN Mortgages: Barriers and Opportunities to Advance Latino Homeownership
Urban Institute research found that Latino households were poised to drive nearly 70 percent of net homeownership gains through 2040. These projected gains were attributed both to the rapid growth of the Latino population in the US and the wide homeownership rate gap between Latino households and white households.
51.1 percent of Latino households are homeowners, compared with nearly three-quarters of white households. But for the projected growth in Latino homeownership to be achieved, the mortgage market needs to be adapted to lower systemic barriers. One such barrier is a lack of mainstream mortgage financing for Individual Tax Identification Number (ITIN) holder households, a majority of whom are Latino.
LHRAN Members Spotlight
The Latino Homeownership Research Advisory Network (LHRAN) is comprised of cross-discipline Latino academics and researchers.
José Loya
Assistant Professor in Urban Planning at the University of California Los Angeles
Yaidi Cancel Martinez
Visiting Assistant Professor in the Department of Urban planning at the University of Wisconsin-Milwaukee
Rocio Sanchez Moyano
Senior Researcher in Community Development at the Federal Reserve Bank of San Francisco
David Garcia
Policy Director, Terner Center for Housing Innovation at the University of California-Berkeley
Roberto Quercia
Harris Distinguished Professor in the Department of City and Regional Planning at the University of North Carolina at Chapel Hill
Zaire Dinzey-Flores
Associate Professor in the Department of Latino and Caribbean Studies and the Department of Sociology at Rutgers University
Atticus Jaramillo
Assistant Professor in the College of Architecture of Planning and Landscape Architecture at the University of Arizona
Raul Santiago-Bartolomei
Assistant Professor at the Graduate School of Planning of the University of Puerto Rico-Río Piedras
Paul E. Carrillo
Professor of Economics and International Affairs at George Washington University
Noerena Limón
CEO of Mariposa Strategies LLC