Best Practice

Offer Financial Coaching and Education

Nonprofit and economic development organizations may offer financial coaching and education for homeowners and renters, to inform homeowners and renters of their rights and responsibilities. Prevents displacement through planning, budgeting, and addressing additional barriers to stable housing. Education programs may also serve landlords, ensuring that these individuals can understand and advocate for fair housing policies.

Cost

$$ for planning and implementation.

Timeframe

6-12 months for program development; ongoing administration required.

Code

Collaboration / Partnerships, Education, Government, Ownership, Rentals

Challenge

Affordable Housing

Practice Tool

Program

Population

All Residents, Landlords, Nonprofits

Setting

Urban and Rural