Many renters already pay thousands of dollars each month. The barrier is saving a serious down payment while paying high rent and trying to qualify under changing mortgage rules.
Selected homes on city-owned land, city-partnered land, or density-bonus projects would place 20% of monthly rent into the Roots Equity Trust.
The Roots Project is based on ownership readiness, not an arbitrary countdown.
Renters should build an asset while they rent.
Example: $2,500 monthly rent
- $500 per month diverted into protected equity
- $6,000 built in one year
- $30,000 built over five years
- $60,000 built over ten years
Flexible pathway
- Renters pay rent as normal
- The 20% contribution is tracked in the trust
- Participants receive annual equity statements
- Mortgage-readiness and financial planning support is built in
- Purchase happens when the renter is financially ready, subject to program rules