Episode 03: Alex Lofton, Landed
Description
How can we help educators and essential workers afford homes in the communities where they work? While some school districts are building housing for their teachers, new models such as shared appreciation down payment programs enable essential workers to buy homes by reducing the down payment savings barrier and increasing their buying power. Join us to hear from Alex Lofton at Landed, the first and only organization making these types of programs easier for institutions like schools, hospitals, and governments to deploy for their workers. We discuss Alex’s inspiration for co-founding Landed, what he’s learned from startup life, and how Landed is growing.
Landed was the 2019 Ivory Prize for Housing Affordability Co-Winner in Finance.
Released in Partnership with the Builder's Daily
Alex Lofton is Co-Founder and President at Landed, where he is committed to putting a meaningful dent in the widening wealth gap by broadening access to homeownership, especially for Low-Modest-Income homebuyers and people of color. Landed serves organizations and communities that want to offer turnkey homeownership-as-a-benefit to the populations of their choice using shared appreciation down payment assistance.
Jenna Louie is the Chief Innovation and Strategy Officer at Ivory Innovations, a nonprofit with the mission to catalyze innovation in housing affordability. Since 2018, the Ivory team has spoken with hundreds of innovators working on novel housing solutions – learn more at ivoryinnovations.org/database.