Course Description

Are you seeking to adopt or update your program’s affordable pricing methodology or resale formula? Are you trying to understand why units in your portfolio are losing (or gaining) affordability at resale? Do you want to improve your understanding of your resale formula in order to communicate more clearly with homeowners, partners or other stakeholders? Register for this course to learn about affordable pricing methodologies and resale formula options, which work hand-in-hand to ensure that shared equity homes are truly affordable for generations! This course will offer hands-on exercises to help participants understand the importance of a thoughtful affordable pricing policy and the pros and cons of common resale formula types.

This intermediate level course is best for individuals who are implementing or actively designing a shared equity homeownership program. A basic understanding of subsidy retention (or shared equity homeownership) and basic lending principles is essential for success in this course.

After taking this course, you should be able to identify key considerations for setting an initial affordable price; identify the pros and cons of the three main resale formula types; and articulate the basic steps for modeling and selecting a resale formula based on your program’s goals.

Each participant who scores 80% of higher on the 10-question quiz following the course will earn a certificate of completion.

In addition, all course participants will get access to the following resources:

Course recordings (for 30 days)
Powerpoint Slides
Course Directory

Suggested Audience

This is an intermediate level course designed for practitioners and those who are implementing or actively designing a shared equity homeownership program

Registration Deadline

The regular registration deadline for this course is Tuesday, November 5th, 2024.

Pricing and Discounts

The cost for this course is $250 (plus a 3% processing fee).

The following discounts are available:

Membership Discount: Members automatically receive a $60 discount when registering. Once logged in, members will automatically see member pricing reflected on this platform. If you are a member, are logged in, and do not see your member price when registering, please email learning@groundedsolutions.org.

Multiple Employee Discount: Are you planning to have multiple people from your organization register for courses in this TIO series? Once one person registers, they will receive a code (via email) for 25% off the registration price for additional participants from your organization. Additional participants can then use this code at checkout.

Need-Based Scholarship: If you are interested in applying for a need-based scholarship, please fill out this application form before registering.

Instructor

Julie Brunner has worked as a Housing Consultant specializing in Community Land Trusts while also serving as the Housing Director for OPAL Community Land Trust on Orcas Island, Washington since 2002. In her capacity as a Consultant, Julie’s work has focused on community land trusts and homeownership both regionally and nationally and includes housing and community needs assessments, organizational and board development, program design, project feasibility, project work-outs and project implementation. Julie works regularly with Grounded Solutions Network as both a technical assistance provider and faculty member. As OPAL’s Housing Director, Julie has worked on multiple housing development projects creating permanently affordable owner-occupied housing as well as rental units. She is responsible for policy development and lender relations, and she also works one-on- one with OPAL homebuyers to navigate the homebuying process. Prior to moving to Orcas Island, Julie served as the Director of Human and Economic Development for Athens-Clarke County in Georgia and as the Housing Director for a rural housing non-profit in West Virginia. Julie has a Master of City and Regional Planning from Rutgers University and a B.A. in International Studies and Economics from Virginia Tech. She lives with her husband and kids on Orcas Island.

This course is sponsored by NeighborWorks America.

About the training

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