A report titled The 1994 National Homeownership Strategy: Partners in the American Dream stated: “Financing  BIS Review 147/2010  3  strategies fueled by the creativity and resources of the private and public sectors should address … financial barriers to homeownership [and] … reduce downpayment requirements and interest costs by making terms more flexible.” In other words, the key to homeownership from a political perspective is to promote more creative and flexible lending standards, or what, in hindsight, we might more correctly call high leverage.
Neighborhood stabilization is not just sound economic policy, it is rooted in a vision of our shared future, our sense of community. Conclusion In conclusion, I want to thank you for being here and especially for your work to promote neighborhood stabilization. The program today is certainly not the end of this project.