[FREE] Freddie Mac’s Enhanced Guidelines for Mortgages for Below Market-Rate Homebuyers

Tuesday, March 17, 2020
1:30 PM ET | 10:30 AM PT

Did you know that Freddie Mac has revamped their mortgage product offerings for borrowers interested in homes with resale restrictions? Listening to the sector, Freddie Mac made updates to its mortgage products and recently announced new flexibility to support the financing of resale-restricted properties, better serving shared equity homeownership programs. Changes went into effect on March 1, 2020.

This free webinar provides an opportunity to learn about Freddie Mac’s improved loan products and ensure your programs and buyers can access new mortgage financing now available. Applicable to any below-market-rate homeownership program, including inclusionary housing, shared equity programs, and community land trusts that use deed restrictions to restrict resale prices, we encourage you to participate and pass the information along to lenders, homebuyers and homeowners; register today!

April 2020 Trainings

Affordable Pricing and Resale Formulas

Session 1

Session 2

Session 3

Session 4

This introductory level course is for municipal and nonprofit practitioners who are either adopting an affordable pricing policy and formula for the first time or revisiting their current practices. A basic understanding of subsidy retention is helpful for this course. It is important to develop a thoughtful affordable pricing policy as homes that are priced too high may lose affordability quickly and be hard to market. Homes that are priced too low may require too much subsidy for homeowner success and program sustainability. This course will walk you through the different considerations of affordable pricing and then discuss the pros and cons of various resale formulas that will help you meet your community’s needs and priorities.
 
This course is $170 for Grounded Solutions Network members, and $220 for non-members. Interested in applying for a need-based reduced registration rate? Fill out this application form before you register.

Training Institute Online

Our goal is to make our training courses available, accessible and affordable to as many people as possible. We have converted our most popular in-person sessions into an interactive, 2 - 4 week online curriculum. Each course will convene from 2:00 pm - 3:30 pm EST.

• $170 for members, $220 for non-members (4-Part Course)
• Scholarships are available! If you wish to apply for a need-based reduced registration rate, complete this application form before registering.

Where we live matters.

We bring together an extensive network of partners and member practitioners from local communities who have a deep understanding of best practices in community land trusts, shared equity housing, local housing policies such as inclusionary zoning, and more.

At Grounded Solutions Network, we know what policies and strategies work to build and preserve housing opportunities, and we help communities use them.