Featured Pub Articles & Special Issues Asset Building Financial Inclusion

Labor Outcomes of Mortgage Payment Subsidies for Unemployed Homeowners

Unemployment can wreck household finances, but what would happen if homeowners receiving unemployment insurance also had access to temporary mortgage-payment assistance? This study took up that question. Results from analyses of the U.S Treasury Department’s Hardest Hit Fund program in Ohio suggest a possible way to improve long-term labor outcomes.

Citation

Pierce, S. C., Brown, J. K., Moulton, S., & Chun, Y. (2025). Labor outcomes of mortgage payment subsidies for unemployed homeowners. Journal of Housing Economics, 67, Article 102040. https://doi.org/10.1016/j.jhe.2024.102040