Programs

ArtHome improves artists’ working conditions by providing them with tools to create financial stability in their own lives.

Low Income Artist Homeownership, Foreclosure Prevention and Loan Qualification Education Initiative

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 and homeownership are significant challenges for all low- and moderate-income (LMI) families, especially those with non-traditional income like artists and independent workers.

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.

To that end, 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.

The results of this partnership are three publications (printed in English, Spanish, and Chinese, and backed by a robust outreach campaign), designed to provide crucial information to artists and to serve as general guides for use in NYMC’s broader outreach:

These publications form part of an organizing campaign linking local artists, arts organizations and independent worker coalitions with NYMC members, providing homebuyer and foreclosure prevention training, lending and homeownership opportunities to these under-served and income appropriate populations.

The publications are designed to meet the needs of artists and other independent workers. The independent worker sector is one of the fastest growing segments of New York’s working population, covering a broad spectrum from construction day laborers to freelance professionals.