Recent Homebuying Patterns for 2 to 4 Unit Properties

Report by the Institute for Housing Studies
March 2, 2023

Institute for Housing Studies   (Chicago)

This analysis builds on recent IHS research documenting the challenges and opportunities for expanding homeownership access and wealth building for Black and Latino households by highlighting the important role that 2 to 4 unit buildings play in homebuying for Chicago’s borrowers and neighborhoods of color. The analysis helps make the connection between policy priorities around preserving 2 to 4s with those that advance homeownership and wealth-building for moderate- and middle-income Black and Latino households.