09/30/2026
A family can do everything it takes to buy a home and still be vulnerable when an unexpected expense arrives.
This new report from Urban Institute researchers funded by Living Cities explores how access to liquid reserves could help homeowners get through financial setbacks and stay in their homes. In a companion piece, our President and CEO Joe Scantlebury calls on the mortgage industry to test promising solutions and learn what works for families with limited savings.
Read Joe’s piece, then explore the research behind it: https://livingcities.org/getting-in-is-only-the-beginning-why-the-next-mortgage-reform-must-help-families-sustain-homeownership
Read the Urban Institute report: https://www.urban.org/research/publication/building-liquid-reserves-strengthen-homeownership-households-color
A statement from Joe Scantlebury, President and CEO of Living Cities on Building Liquid Reserves to Strengthen Homeownership for Households of Color, a report by Urban Institute researchers funded by…