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Social and Behavioral Sciences Commons

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Masters Theses

Trinity College

Affordable Housing

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Blight Remediation And Affordable Housing Finance: A Potential Future Model For Hartford Homeownership, Luke Tressy, Joseph Perkus, Justin Olson, Suliman Foster Jul 2022

Blight Remediation And Affordable Housing Finance: A Potential Future Model For Hartford Homeownership, Luke Tressy, Joseph Perkus, Justin Olson, Suliman Foster

Masters Theses

This report is designed to aid the Hartford Land Bank (HLB) in its efforts to remediate blight as well as lay the groundwork for a more frictionless path to homeownership for residents in the City of Hartford. Over the course of the semester, the team has conducted research and analysis on various models and state funding systems that could increase property ownership among city residents. In collaboration with the HLB and Cleveland Housing Network (CHN), the team has focused on existing rent-to-own (RTO) and lease-purchase models of homeownership with decades of high success rate.