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Interim Technical Report Pension Fund Investment for Home Ownership

Release Date: 
April 1972 (68 pages)
Posted Date:   
March 12, 2019

This historic report describes the design, implementation, and preliminary results of a pilot program to allow employees to finance home purchases using equity accrued from pension funds and profit-sharing plans. The pilot was implemented at Forest City Enterprises in May 1971 and resulted in a single home purchase. A case study of the lone purchase is included in this publication.

This report is part of the collection of scanned historical documents available to the public.

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Note: Guidance documents, except when based on statutory or regulatory authority or law, do not have the force and effect of law and are not meant to bind the public in any way. Guidance documents are intended only to provide clarity to the public regarding existing requirements under the law or agency policies.