Introduction: Marathon Trainers is committed to promoting homeownership as a cornerstone of financial stability and community development. However, we recognize that affordability remains a significant challenge for many individuals and families in Northern California and beyond. High home prices and mortgage rates have created an affordability gap that makes it increasingly difficult for people to purchase homes. Problem Definition and Significance: This affordability gap has far-reaching consequences for families who are unable to become homeowners. Research shows that owning a home provides financial security, especially during retirement. Homeownership also improves community cohesion by encouraging residents to invest in their neighborhoods. Yet, the high cost of housing means that many individuals and families are being priced out of the market. Causes and Consequences: The factors contributing to this affordability gap include high mortgage rates and house prices. These conditions make it more challenging for potential buyers to obtain financing or afford down payments. As a result, those who can't become homeowners may face increased housing costs, rent burden, and instability in their living situations. Potential Solutions: Marathon Trainers believes that addressing this issue will require a comprehensive approach. We need to increase the supply of affordable homes through policies such as density bonuses or inclusionary zoning requirements. Additionally, we must explore alternative financing options like shared equity models or community land trusts that could make homeownership more accessible for low-income households. Next Steps and Call-to-Action: We urge you to take action by sharing this information with others and advocating for positive change. By working together towards solutions that promote affordable housing, we can create stronger communities where everyone has an opportunity to achieve their dreams through homeownership.

Introduction: Marathon Trainers is committed to promoting homeownership as a cornerstone of financial stability and community development. However, we recognize that affordability remains a significant challenge for many individuals and families in Northern California and beyond. High home prices and mortgage rates have created an affordability gap that makes it increasingly difficult for people to purchase homes. Problem Definition and Significance: This affordability gap has far-reaching consequences for families who are unable to become homeowners. Research shows that owning a home provides financial security, especially during retirement. Homeownership also improves community cohesion by encouraging residents to invest in their neighborhoods. Yet, the high cost of housing means that many individuals and families are being priced out of the market. Causes and Consequences: The factors contributing to this affordability gap include high mortgage rates and house prices. These conditions make it more challenging for potential buyers to obtain financing or afford down payments. As a result, those who can't become homeowners may face increased housing costs, rent burden, and instability in their living situations. Potential Solutions: Marathon Trainers believes that addressing this issue will require a comprehensive approach. We need to increase the supply of affordable homes through policies such as density bonuses or inclusionary zoning requirements. Additionally, we must explore alternative financing options like shared equity models or community land trusts that could make homeownership more accessible for low-income households. Next Steps and Call-to-Action: We urge you to take action by sharing this information with others and advocating for positive change. By working together towards solutions that promote affordable housing, we can create stronger communities where everyone has an opportunity to achieve their dreams through homeownership.