Advancing Pathways and Leveraging Intersections to Homeownership

Homeownership can be a powerful pathway to build economic security, long-term wealth, a sense of belonging, and overall well-being for individuals, communities, and future generations. This is particularly true for families with lower incomes, as their home equity is often their most substantial asset. Yet access to this pathway continues to be shaped by centuries of intentional exclusions and continuing discriminatory practices in housing, financing, and employment systems. Historic injustices, combined with a challenging housing market, high financing costs, income inequities, and high living costs, perpetuate the inaccessibility of homeownership for people of color and people with low incomes.

Access to quality, affordable homes and financing are critical ingredients for creating and maintaining inclusive communities and economically secure households that can remain rooted in place. Equitable homeownership also depends on access to high-quality jobs and affordable banking services.

Join the Asset Funders Network, the City of Sacramento, and regional partners for an in-person convening to explore how Sacramento’s unique market conditions, community-driven initiatives, and cross-sector strategies are advancing more equitable pathways to homeownership and related efforts.

The convening will highlight efforts that:

• Develop, leverage, and support community-driven homeownership and intersecting strategies rooted in local market conditions and the cumulative harms behind today’s disparities.
• Reimagine homeownership to be inclusive and just.
• Catalyze action to reduce persistent homeownership disparities, maintain household and community stability, and fulfill people’s aspirations.

The California Endowment Sacramento
1414 K. Street, Suite 500
Sacramento, CA 95814

Why Sacramento?
Compared to the neighboring Bay Area, homeownership in Sacramento is more affordable – even more so with down payment assistance and shared equity homeownership models. Local homeownership programs aim to achieve goals of anti-displacement, address race-based historical injustices, and increase residents’ ownership and agency. These pathways intersect with workforce and capital access efforts, advancing economic equity and mobility together.

Philanthropic and financial institutions in Sacramento have the opportunity to leverage existing efforts, reimagine homeownership in the region, and increase support to the local ecosystem to equitably advance economic opportunities.

Speakers

Joe Antolín, President and CEO, AFN
Tamika L’Ecluse, Executive Director, Sacramento Community Land Trust,
Christine Tien, Senior Program Manager, The California Endowment
Roshaun Davis, CLTRE
Ashley Garner, CLTRE
Lynette Hall, Community Engagement Manager, City of Sacramento City Start
Courtney McKinney, Social Impact Program Manager, Golden 1 Credit Union

Lunch will be provided.