Generational Wealth
Did you know? The average homeowner has 40 times the household wealth of a renter. Wealth created by homeownership is the single biggest contributor to an increase in net worth across all income groups.
And let’s be clear: When we say “wealth,” we aren’t talking about making millionaires or billionaires. We’re simply talking about financial stability and security. Generational stability. Homeownership allows a homeowner to ensure that future generations of their family start out with an asset, ensuring they will not go without.
At Acts Housing, we believe every family deserves a chance at this. That’s why we provide families with the guidance, support, and—when needed—access to capital to have a chance at building generational wealth.
Low Income Doesn’t Need to be a Barrier to Wealth-building
In 2020, we helped 181 families become homeowners. And while 80% of these households earned less than 80% of the county median income, homeownership is that first step in establishing a foundation for future generations of their family.
Help us give every family a chance at building generational wealth through homeownership. Contribute to Longest Neighborhood Table 2021 today.
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