Milken Report

Expanding Affordable Homeownership with Private Capital:
A Study of the Nehemiah Down Payment Assistance Program

Study shows value of down payment assistance programs
in helping fund the American dream

It's a long-held belief that owning a home is a symbol of and a testament to the American Dream. In this first study of its kind, researchers at the Milken Institute found that Down Payment Assistance Programs (DAP) - and specifically recipients of Nehemiah Corporation's DAP - have become vital economic tools for helping low- to moderate-income families reach that dream and become homeowners.

"Our program has helped bridge the affordability gap, providing needed private funds and helping families generate real wealth through homeownership." - Scott Syphax, President and CEO, Nehemiah Corporation of America

You can view the study in whole or in part by choosing your desired link below.

Download	Title	Size	Pages
Cover Page		4.2M
Table of Contents		74K
Executive Summary		78K	1-6
Introduction		60K	7-10
Section I	The impact of the Nehemiah DAP on County Property Tax Revenues	1.0M	11-44
Section II	Assessing Evidence of Home Appreciation of Individual Nehemiah DAP Recipients	1.19M	45-78
Section III	Regional Economic Performance and Housing Characteristics: Statistical Analysis	1.08M	79-118
Section IV	Empirical Analysis	825K	119-148
Section V	Conclusion and Key Findings	560K	149-195
Complete Report		4.8M	203 pgs.