The Experience of Peterborough Residents With the Peterborough Renovates Program and the Homeownership Assistance Loan Program

The following research paper investigates the effects of two of Peterborough City and County's affordable housing programs: the Peterborough Renovates Program and the Homebuyer Assistance Loan Program. The goal of the research was to determine whether the programs were meeting their objectives, which were, primarily, positively impacting the quality of life of participants. Additional data about how participants heard about the program and whether they understood the terms of their loan were also collected. To determine whether the programs were meeting their goals both a quantitative and qualitative analyses were performed using data from a survey mailed to participants in both programs. The researchers found the programs do have a positive impact on self- reported quality of life of participants. However, future research into these phenomena is still needed in order to provide specific policy recommendations.