New Faces, Upcoming Events, Job Opportunities

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** New Faces at Grounded Solutions Network
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Our staff is growing! We recently welcomed Pahniti (Tom) Tosuksri, Christine Herrmann, and Katie Sherman to Grounded Solutions Network. Tom is serving as the new Director of Product Management for Homekeeper, Christine is our new Director of Development, and Katie is serving as Executive Assistant. Visit our staff page to learn about their backgrounds, interests, and connections to our work.


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We are thrilled to announce that Kevin McQueen will be joining the Grounded Solutions team as a Lincoln Senior Fellow starting June 1st. Kevin will be conducting research, development, and national thought leadership education activities related to creating acquisition funds to supply the capital for land bank-community land trust partnerships to succeed, supporting Grounded Solutions’ Catalytic Land Cohort ([link removed]) .

Kevin has nearly four decades of experience in community development finance and impact investing, as a financier, strategist, and educator. He is currently Director of Lending at The Leviticus Fund, a community development financial institution that invests in equitable economy initiatives in New York, New Jersey, and Connecticut. Kevin is also a partner in the consulting firm BWB Solutions, LLC, which helps strengthen organizations committed to social impact. In addition, he is a part-time faculty member at the Milano School of Policy, Management, and Environment, and a recipient of the Lincoln Institute of Land Policy Curriculum Innovation Award. Kevin is a director of Change Machine, a technology-based social enterprise and holds an A.B. from Brown University.

Kevin’s role with Grounded Solutions is made possible by the Lincoln Institute of Land Policy ([link removed]) .
Visit our Staff Page ([link removed])


** Buildable Backyards- Real Estate Summit
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Grounded Solutions Network member organization Durham Community Land Trustees ([link removed]) is hosting a virtual summit focused on expanding housing options and maximizing land resources with Accessory Dwelling Units (ADUs).

Buildable Backyards takes place over two half days to fully explore positioning ADU development for more inclusive communities. Many jurisdictions are considering regulations to allow ADUs or have recently updated zoning codes. The goal of Buildable Backyards is to increase the knowledge of lenders, appraisers, and others interested in ADU development.
Learn More ([link removed])


** Bill Introduced for a Cooperative Housing Pilot Program
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Representatives Ilhan Omar (D-MN-5) and Carolyn Maloney (D-NY-12) introduced on April 23 the “Affordable Housing Preservation Act” to create a demonstration program to fund the creation of community-owned cooperatives for low-income renters and homeowners, including limited equity housing cooperatives and manufactured Resident-Owned Communities (ROCs). The bill would establish a $200 million program run by the Department of Housing & Urban Development to support nonprofits to create, preserve, and steward cooperatives for low-income individuals.

Grounded Solutions Network worked closely with Rep. Omar’s staff, Urban Homesteading Assistance Board, ROC-USA and National Association of Housing Cooperatives to create this legislation, which is also supported by the National Low Income Housing Coalition. “We applaud Congresswoman Omar and Congresswoman Maloney for introducing the Affordable Housing Preservation Act of 2021,” Tony Pickett said in the press release. “This bill will support critical partnerships for nonprofit resident-controlled cooperative housing demonstrations that enable lower income families to successfully own and control where they live, while also providing them with quality housing that remains affordable to meet the needs of future families.”
Read the Press Release ([link removed])

Upcoming FREE Webinar:
Shared Equity Conversions: Stabilizing Homeownership and Creating Community Assets


** Wednesday, June 30th
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Learn how shared equity programs, in collaboration with Grounded Solutions Network, are pursuing “BIPOC Homeownership Stabilization” strategies that prevent foreclosure and displacement while also building a portfolio of homes with lasting affordability.
Learn More and Register ([link removed])

Member Convening
Save the Date:

Candid Conversations on Lasting Affordability Now - Member-Only Peer Exchange Sessions


** Join us July 14th, more information comign soon!
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Save the date for Grounded Solutions Network Member-only virtual discussions on emerging opportunities in the shared-equity sector.
Learn More ([link removed])

Upcoming Training:
Introduction to Limited Equity Cooperatives


** Course starts Thursday, July 22
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This introductory level course is for policy makers, funders, community members, community planners and anyone interested specifically in limited equity housing cooperatives.
Learn More ([link removed])

Post Webinar Recording:

Community Land Trusts 101: Permanently Affordable Homeownership

In this hour-long webinar, we cover the basic CLT organizational structure, describe the CLT approach to permanently affordable homeownership, identify keys to CLT success, and debunk some common myths about CLTs. View the recording at the link to the left.
Learn More and View Recording ([link removed])
Member Job Listing:


** Real Estate Services Coordinator
Proud Ground
Location: Portland, OR
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Learn More ([link removed])


** Freddie Mac Ground Lease Product Update
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Freddie Mac introduced a community land trust ground lease product offering in 2019, and now Freddie Mac has updated this product offering to make it easier for lenders, servicers, and programs to have buyers access mortgages. These changes include:
1. Removing a seller/servicer training requirement and Freddie Mac approval to sell CLT mortgages
2. Removing additional requirements for servicing CLT ground lease mortgages beyond what is in the Model Ground Leas(es) and Form 490, Freddie Mac’s Community Land Trust Ground Lease Rider
3. Removing the need for lenders to review certain aspects of the CLT’s homeownership program
4. Clarifying how to calculate the maximum LTV for CLT mortgages

Visit our Mortgage Financing resource to access relevant sections of the Freddie Mac Selling Guide and to share them with your lenders today.
Mortgage Financing Guide ([link removed])
Freddie Mac is hosting two upcoming webinars focused on their mortgage finance offerings, and how your organization can streamline the application process.


** Freddie Mac Financing for CLTs and Shared Equity Offerings Webinar
Tuesday, June 15th
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Learn More and Register ([link removed])


** Coffee with Fannie Mae's Community First
Wednesday, July 21
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Learn More and Register ([link removed])


** Does your organization have a housing counseling program?
Looking for a new HUD CMS?

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** HomeKeeper users can now track housing counseling workshops and one-on-one counseling alongside homeownership programs.
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Contact us ([link removed]) to do a free demo of these features!
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Watch our new video to learn about HomeKeeper!

Learn More ([link removed])


** Interested in a free data assessment or demo of HomeKeeper? Click Here (mailto:[email protected]?subject=Question%20about%20HomeKeeper)
Join us at our next orientation or contact us today - Click Here! ([link removed])
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**
Where we live matters.
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** 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.

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