Check out BNCLT's Research on Pathways to Asset and Equity

As reported in our spring newsletter, BNCLT received a contract from the City of Boston’s Housing Innovation Lab to research how we can support our rental residents to build assets and equity. We are delighted to announce that we have completed the contract and are ready to share the deliverables:

• A program outline and accompanying visual logic model for our “Pathways to Assets and Equity” program

• The Tufts UEP Field Project Investing in Community Wealth for All

BNCLT Pathway to Asset and Equity Building Cohort with Tufts UEP Students

In the coming year, we look forward to launching the first steps of our program, which will include:

• Setting up a matched savings opportunity connected to financial education offerings at BNCLT and partner organizations.

• Providing participation stipends to residents participating in key community-governance roles.

• If viable in our property management budget, offering rent rebates to residents who pay rent on time all year.

• Advocating for policies that address the cliff effect, like replicating the “Family Self Sufficiency” program for the Boston Housing Authority’s place-based vouchers. 

• Updating our acquisition strategy to support opportunities for rental residents to pursue CLT homeownership.