Affordable Pricing

Nov 16, 2010 - Webinar: Building Stewardship into your Affordable Homeownership Program

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Please join us for a webinar discussing the importance of ongoing stewardship and how different programs approach stewardship from different perspectives.
Stewardship is a broad term with many aspects, all with the underlying goal of ensuring that homes remain affordable and homeowners are… Read the rest

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Sep 28, 2010 - Webinar: San Mateo County Assessment of High Impact Practices

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Find out how the Cornerstone Partnership’s assessment of 14 of San Mateo County’s affordable homeownership programs uncovered 12 high-impact practices that are necessary in order for programs to adequately protect the public investment and protect homebuyers.
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Tuesday, September 28th… Read the rest

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Jan 25, 2011 - Webinar: Strategies for Finding Homebuyers in Today’s Challenging Market

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 With housing affordability at an all time high, ever-more tightening credit standards and a general lack of market confidence, finding enough qualified and willing buyers for affordable homes can be especially difficult.  As practitioners face extended marketing timelines, disappearing wait-lists and… Read the rest

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Homeownership Today and Tomorrow: Building assets while preserving affordability

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This report demonstrates the benefits of affordable homeownership for both homeowners and communities.  The National Housing Institute provides four case studies of programs that help families build assets while preserving the affordability of their homes over time.
Click here to download the report.
This … Read the rest

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Preserving Affordability in the NSP Program

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The mortgage crisis has led to an abundance of vacant foreclosed homes across the country, negatively impacting communities’ property values and quality of life, and often leading to even more foreclosures.  While urgent action is needed to reverse this trend,… Read the rest

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Resale Formula Comparison Tool

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Affordable homeownership programs often use resale pricing formulas or equity sharing formulas to protect public investment.  When they work, these formulas can preserve long term affordability while offering predictable and safe asset building opportunities for assisted homeowners.  But there appears… Read the rest

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03/22/2011 Webinar: Using NSP to Preserve Affordability

 Three rounds of Neighborhood Stabilization Program (NSP) funding have been distributed by HUD to help communities recover from the mortgage crisis.  The NSP guidelines encourage communities to use the funds to preserve affordability to the maximum extent possible.  Hear how… Read the rest

01/26/2011 Webinar: Balancing Affordability and Asset Building in Homeownership Programs

Wednesday, January 26, 2011 3:30 p.m. – 5:00 p.m. Two of the prime goals of shared equity homeownership programs are to provide long-term affordability and asset building opportunities to lower income families. Ideally, these programs aim to balance these two… Read the rest

01/25/2011 Webinar: Strategies for Finding Homebuyers in Today’s Challenging Market

 With housing affordability at an all time high, ever-more tightening credit standards and a general lack of market confidence, finding enough qualified and willing buyers for affordable homes can be especially difficult.  As practitioners face extended marketing timelines, disappearing wait-lists and… Read the rest

11/16/2010 Webinar: Building Stewardship into your Affordable Homeownership Program

Please join us for a webinar discussing the importance of ongoing stewardship and how different programs approach stewardship from different perspectives. Stewardship is a broad term with many aspects, all with the underlying goal of ensuring that homes remain affordable and homeowners are… Read the rest

11/08/2010 Conference: National CLT Network Conference

The National CLT Conference is the largest gathering of Community Land Trusts (CLTs) in the country and offers an opportunity to learn and share experiences for CLT practitioners, board members, residents, partners and others interested in learning more about the… Read the rest

11/03/2010 Conference: National Inclusionary Housing Conference

The 2010 National Inclusionary Housing Conference… Read the rest will be held November 3-5, 2010 at the Loew’s L’Enfant Plaza Hotel in Washington, DC. The Conference serves as an educational and policy analysis forum for practitioners of inclusionary housing, representatives of localities that

09/28/2010 Webinar: San Mateo County Assessment of High Impact Practices

Find out how the Cornerstone Partnership’s assessment of 14 of San Mateo County’s affordable homeownership programs uncovered 12 high-impact practices that are necessary in order for programs to adequately protect the public investment and protect homebuyers. Webinar Tuesday, September 28th… Read the rest

01/14/2010 Webinar: Preserving Affordable Homeownership in the NSP Program

Learn how communities are using Deed Restrictions, Community Land Trusts, Shared Appreciation Loans, and Lease-to-Purchase Programs to preserve long-term affordability of NSP funded homes. Rick Jacobus, Burlington Associates Barbara Kautz, Goldfarb & Lipman, LLC Emily Higgins, Champlain Housing Trust The… Read the rest

12/09/2009 Workshop: Preserving Affordable Homeownership

Strategies for Hot and Cold Markets December 10th, 2009 – Washington, DC Community land trusts, limited equity cooperatives, deed-restricted, owner-occupied houses and condominiums, are among the affordable homeownership models in which the rights, responsibilities, risks, and rewards of homeownership are… Read the rest

Asset Building Potential of Affordable Homeownership

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In this paper for the New America Foundation… Read the rest, we review the literature on homeownership as an asset building strategy for lower income households. We then present a real world case study, examining wealth building and household mobility among buyers

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Homeownership Today and Tomorrow: Building assets while preserving affordability

Picture 29

This report demonstrates the benefits of affordable homeownership for both homeowners and communities.  The National Housing Institute provides four case studies of programs that help families build assets while preserving the affordability of their homes over time.
Click here to download the report.
This … Read the rest

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Preservation of Affordable Homeownership: A Continuum of Strategies

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This report, one of several related resources published by the Center for Housing Policy… Read the rest, provides an overview of the strategies available to help communities preserve affordability of assisted homeownership units and explains the pros and cons of different approaches. 

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Preserving Affordability in the NSP Program

Picture 33

The mortgage crisis has led to an abundance of vacant foreclosed homes across the country, negatively impacting communities’ property values and quality of life, and often leading to even more foreclosures.  While urgent action is needed to reverse this trend,… Read the rest

Share

Resale Formula Comparison Tool

Screen Shot 2011-09-27 at 3_56_42 PM

Affordable homeownership programs often use resale pricing formulas or equity sharing formulas to protect public investment.  When they work, these formulas can preserve long term affordability while offering predictable and safe asset building opportunities for assisted homeowners.  But there appears… Read the rest

Share

Strengths, Challenges & Opportunities: An Assessment of Affordable Homeownership Programs in San Mateo County

SMC Assessment

As part of our work building tools to help programs better manage their affordable housing programs, Cornerstone Partnership  conducted an assessment of affordable ownership housing programs in San Mateo County, California to offer guidance for the jurisdictions as well as… Read the rest

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Community Investments: A Promising Way Forward for Homeownership


This article, published in the Spring 2011 Federal Reserve Bank of San Francisco’s Community Investments Review, summarizes the Urban Institute study released in October, 2010 demonstrating the benefits and positive outcomes across seven shared equity homeownership programs.  Read the article here… Read the rest

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HUD NSP Resource Exchange

HUD has a resource website dedicated to the Neighborhood Stabilization Program.  The NSP Resource Exchange, located at www.hudnsphelp.info… Read the rest, hosts TA tools created by national TA providers along with NSP webinars, HUD updates, FAQs and HUD guidelines.

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Shelterforce: Best of Both Worlds

A new research report from the Urban Institute suggests that local programs that provide significant purchase assistance to low-income buyers while preserving long-term affordability can offer a sustainable and scalable strategy for overcoming generational asset inequality. Read the article here.… Read the rest

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