AH255 Community Land Trusts: Financing Owner-Occupied HomesIn this course, participants will explore various ways of structuring public subsidies so as neither to interfere with the private financing of CLT homes nor to undermine the CLT's stewardship of land and preservation of affordability. You'll then examine mortgage financing options for CLT homebuyers and learn how to negotiate with banks to secure terms that protect both the borrower and the CLT. Prerequisites include a familiarity with sections of the CLT Legal Manual and the model CLT ground lease that pertain to the financing of resale-restricted, owner-occupied housing on leased land. Participants must also have a working knowledge of housing finance, gained either through an introductory-level CLT training or through direct involvement with a CLT homeownership program. Offered in partnership with the Community Land Trust Network.Course length: 1 Days Tuition: $ 230 Course counts toward a professional certificate: No |
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