Homeownership has been a cornerstone of US housing policy since the Great Depression. Its normative value is steeped in visions of white picket fences and manicured lawns. An economic preference for homeownership over other tenure types is embedded in the federal budget: In 2008, direct federal expenditures targeted $40.2 billion towards low-income renters, reaching seven million households.
Promoting Resident Ownership of Communities 
Mutuality and Accountability in the Housing Association Sector