Low Income Artist Homeownership Program
A strong and stable artistic community is an essential component of thriving, vibrant neighborhoods. However, strength and stability can only come from artists who are long-term stakeholders in their communities, particularly those who own their own homes. Loan qualification, foreclosure prevention and homeownership are significant challenges for all low- and moderate-income (LMI) families, especially those with non-traditional income like artists and independent workers. Additionally, in creating resources for artists, we can also identify similar populations who can share in these resources and benefit from our work.
ArtHome believes that by creating opportunities for financial training and affordable/income-appropriate homeownership, we can help stable artistic communities to develop & flourish.
Additionally, in creating resources for artists, we can also identify similar populations who can share in these resources and benefit from our work.
In New York City, we’ve partnered with the New York Mortgage Coalition (NYMC) to help low- and moderate-income artists and independent workers gain greater access to first-time homeownership counseling, foreclosure-prevention counseling and loan-qualification services in the greater New York Area and beyond. ...Learn more
In Minnesota, ArtHome is partnering with Springboard for the Arts to bring a Minnesota specific Homebuyer Handbook to artists across the state. The handbook project is coupled with an artist homebuyer training program targeted to support work being done for the creative placemaking project: IRRIGATE (a partnership of Springboard for the Arts with funding via ArtPlace). ...Learn more
ArtHome and partners, Northeast Shores Development Corporation and Community Partnership for the Arts and Culture (CPAC) are working together in Cleveland, Ohio on the “Collinwood Rising” project. ArtHome will be creating a new Cleveland specific Mortgage Qualification Handbook for Northeast Shores Development Corporation and will also be creating and instituting an artist homebuyer “Train the Trainer” program within the region.