Homeownership remains one of the most powerful—and most unevenly distributed—wealth-building tools in America. Rising housing costs, limited supply, structural inequities in lending and appraisals, and stagnant wages have pushed the dream of owning a home out of reach for millions. Yet across the country, impact-driven actors are testing new solutions that merit deeper investigation and exploration.

On January 15, NationSwell hosted a virtual Leader Roundtable designed to what’s working, what’s emerging, and what still needs to be invented. Alongside a group of leaders from the corporate, philanthropic, and nonprofit sectors, we examined the opportunities and constraints organizations face in expanding access to homeownership, surfaced promising models that can scale, and identified where multi-sector collaboration could move dollars and outcomes.

Some of the most salient takeaways appear below:

Key takeaways:

Treat vacancy as latent supply and rebuild demand alongside units. In hyper-vacancy contexts, the challenge is not only deteriorated housing stock but the absence of market confidence. Pairing acquisition with intentional demand creation (and, in Parity’s case, support for building financial knowledge among buyers) helps ensure neighborhoods are repopulated by residents rather than speculative capital.

Acquisition and clear title are the longest, least predictable phases of the work — and require patient capital. Much of the real labor happens before construction ever begins, particularly when properties involve estates, liens, or unclear ownership. These timelines rarely conform to funding cycles or political urgency; progress depends on legal persistence and institutional patience. Without flexible capital at this stage, downstream innovation rarely materializes. 

Center legal and policy innovation to accelerate rehabilitation and prevent investor capture. Intervening earlier in foreclosure or receivership processes can shift outcomes dramatically. Legal tools that transfer control to mission-aligned actors shorten vacancy timelines, reduce blight, and increase the likelihood of owner-occupied housing.

Recognize that interest rates, not sale prices, often determine affordability. Every 1% the interest rate it wipes out $30k buying power which is make or break for first-time buyers. In this context, interest-rate buy-downs can restore feasibility more efficiently than price subsidy alone because they directly address monthly payment constraints.

Balance wealth building with long-term affordability through shared-equity and soft-second structures. Down payment assistance can expand access while still protecting public and philanthropic investment. Carefully designed equity-sharing mechanisms allow households to build wealth without turning affordability into a one-time event.

Rather than treating displacement as a downstream problem, pair revitalization with retention. Neighborhood improvement often triggers rising tax burdens that destabilize long-time residents, particularly elders on fixed incomes. Without parallel retention strategies, revitalization can unintentionally replicate the same extractive dynamics it seeks to undo. Retention must be designed in from the beginning, not layered on after values rise.

Treat homeowner retention as a core wealth-preservation strategy. Preventing tax sale, foreclosure, or forced exit protects accumulated equity and intergenerational assets. In many cases, stabilizing existing homeowners delivers greater impact — and does so faster — than new production alone.

Cross-sector misalignment is the primary barrier to scale. Many effective tools already exist, but they live in silos across philanthropy, government, finance, and nonprofits. The hardest work is often sequencing participation: who de-risks first, who follows, and who sustains the effort over time. Scale depends less on invention than on coordination.

Recognize that credibility, narrative, and design quality actively shape markets. Homes that signal dignity and pride influence how neighborhoods are perceived by residents, lenders, and buyers alike. Aesthetic quality and storytelling are not cosmetic; they help rebuild imagination, confidence, and demand in places long defined by disinvestment. In this way, narrative becomes a form of infrastructure.