Title:
Sandy Springs Homeownership Assessment and Policy Recommendations
Sandy Springs Homeownership Assessment and Policy Recommendations
Author(s)
Kaufman, Mira
Advisor(s)
Raymond, Seumalu Elora Lee
Editor(s)
Collections
Supplementary to
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Abstract
The city of Sandy Springs hopes to preserve and develop more housing in its area to ensure that young adults with families and first-time homeowners set down roots in the city. Land prices have risen steadily in Sandy Springs, and the local government aims to introduce strategies and protections to maintain and develop affordable housing stock for this demographic. Entry-level homeownership opportunities are crucial to the continued vibrancy of the community and for future growth. Without plentiful accessibly priced homes, the city’s demographics will continue to skew towards older and wealthier residents, reducing the diversity and resilience of the community. This project analyzes the housing market of Sandy Springs using the American Community Survey (ACS) and Home Mortgage Disclosure Act (HMDA) data and recommends strategies for providing adequate homeownership opportunities to support the city’s desired future residents. ACS data is used to examine changes that have occurred in the homeowner population in Sandy Springs between 2018 and 2022. To provide further insights into homeownership, the HMDA dataset shows the types of mortgage loan applicants in Sandy Springs in 2018 and 2022. This data illuminates specific challenges for young families and professionals in originating mortgages. The literature review and recommendations sections highlight potential policy action relating to the goal of increased homeownership for adults starting families and other early professionals in the city.
Sponsor
Date Issued
2024-04
Extent
Resource Type
Text
Resource Subtype
Applied Research Paper
Masters Project
Masters Project
Rights Statement
Unless otherwise noted, all materials are protected under U.S. Copyright Law and all rights are reserved