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Benefits of Homeownership

Beyond building financial wealth and security, recent studies have shown:

Homeownership strengthens neighborhoods. Because neighborhood quality can affect home values, homeowners have a financial incentive to work toward neighborhood improvements and guard against behavior that may reduce the community’s appeal.

Homeownership increases residential stability which in turn is linked to better outcomes for children. Extensive research has documented a strong association between frequent moves and poor child development and educational achievement.

Homeownership predicts positive outcomes for children. This result applies to the likelihood both of children remaining in school, and girls not bearing children as teenagers.

Homeownership tends to have a stronger impact on low-income children than children from more affluent households.

Positive homeownership experiences result in:

  • greater participation in social and political activities
  • improved psychological health
  • positive assessments of neighborhood, and
  • high school and post-secondary school completion

HONK Informational Video

Newsletter Fall 2019

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Donate Your Quality Surplus Materials to Help Bring Homeownership to a Family in Need We accept good, used and excess building materials for new home construction and home rehabilitations. Contact David Hastings at 859-581-4665 or email

Affordable Homes For Sale in Northern KY

  Coming Soon!!! Covington, Austinburg Neighborhood near Wallace Woods - 3 bedroom – 2 story house on a quiet street - newly rehabbed with lots of character – original hardwood flooring

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  • Home
  • About Us
    • Why HONK is Needed
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    • HONK Staff
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  • Homeownership
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    • House Examples
      • House Plans
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  • Partner With Honk
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  • Home
  • About Us
    • Why HONK is Needed
    • Where We Work
    • FAQ
    • HONK Staff
    • Our Board of Directors
    • Financials
  • Homeownership
    • Homeowner Stories
    • House Examples
      • House Plans
    • Homes for Sale
    • Apply for Housing
  • News/Events
  • Volunteer
    • Volunteer Stories
  • Partner With Honk
  • Donate
  • Contact Us
    • Links & Resources
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