Affordable Pricing & Resale Formulas for Shared Equity Homeownership

Suggested Audiences: Nonprofit and municipal shared equity homeownership practitioners; CLT practitioners
4-part training, 90 minute sessions
2-3:30pm ET / 11a-12:30pm PT on Thursdays February 4, 11, 18 & 25, 2021

Are you seeking to update or adopt your program’s resale formula or affordable pricing methodology? 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) is essential for success in this course.

After taking this course, you should expect to 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.

Course Schedule:

Thursday, February 4th - Affordable Pricing

Thursday, February 11th - Resale Formulas, Part 1

Thursday, February 18th - Resale Formulas, Part 2

Thursday, February 25th - Putting it All Together - What Impacts Resale Formula Performance?

This course is sponsored by Citi.

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.

See FAQs and general information about Grounded Solutions Network’s Training Institute Online here.

Julie Brunner

Housing Consultant

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 and is responsible policy development, lender relations and works one on one with OPAL homebuyers to navigate the home buying 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, a B.A. in International Studies and Economics from Virginia Tech and lives with her husband and kids on Orcas Island.

Affordable Pricing & Resale Formulas for Shared Equity Homeownership

Speakers

Julie Brunner

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