Author Duane E. Fleming


Home Ownership Plan (HOP)

How the home ownership plan can enable young people to buy a home, jump start housing construction, and employ millions of people while reducing the deficit.

By Duane E. Fleming
We have in our hands the way to jump-start the housing and related industries, with simple changes to federal tax law. As we will see, this can be achieved at no cost to the federal government. In fact, this proposed legislation will pump up the economy and provide new tax revenues to reduce the national deficit. The housing and housing related industries drive 25% of the entire economy, according to the Harvard Joint Center for Housing Studies. Based on these numbers, jump starting the housing and housing related industries can create 10-15 million new jobs, over the next few years.


  • In the early years of employment, your employer can shift contributions from a 401(k) to your home ownership plan account.
  • Two working spouses can merge hop accounts into one account and have $40,000 to $100,000 for a down payment.
  • You never pay taxes on your savings when you use to money to buy a home. all hop account contributions by you and your employer are tax free.
  • You can take out a 20 year mortgage and pay off your house by age 55-60 and have much more disposable income.
  • After buying your home with a HOP by age 40, you will still have 27 years to save for retirement.
  • If you would like to see the "Restore the American Dream Act" passed by the House, take action by arranging a 30 minute meeting with your Representatives at their local offices, and ask them to become co-sponsors of the bill to advance the Home Ownership Plan.  We need a "working people's lobby" to have an impact on Congress. This bill should be supported by Republicans and Democrats to create jobs.

Our Mission

Our Mission is to develop programs and legislation that will create good, sustainable jobs and make home ownership more affordable for working individuals and families.

To advance federal policies for Nation Building at Home, especially a Long Range Energy Plan and a Long Range Transportation Plan to outrace the oil price crunch and to avoid the catastrophic effects of climate change.

Our Vision

A new economic system can create enough good, sustainable jobs and happier workplaces with a comfortable retirement by establishing worker-owner cooperatives in America similar to the highly successful Mondragon Cooperative Corporation in Spain.

The American workplace can be transformed by transcending the conflict between capital and labor when the business or corporation is owned by its workers.

Our Location


Livelihood Systems Institute
5208 Tarragon Lane
Palm Beach Gardens, FL 33418

About Livelihood Systems

About Duane Fleming

small 2Author Duane Fleming is a city planner and the author of several books including Transformation to Abundance, Trinity Constellation, and The Home Ownership Plan.