
Multifamily Lending for Shared Equity Homeownership: How Companies Can Expand Their Community Impact-Sept. 10
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As housing affordability continues to challenge markets nationwide, shared equity models – like community land trusts, deed-restricted programs, and limited-equity cooperatives – offer pathways to sustainable homeownership for lower-income homebuyers. And shared equity programs are increasingly interested in developing multifamily projects like condos and townhomes in an effort to manage development costs and serve more families. This webinar will examine how these models work and the opportunities they present for multifamily lenders who want to play a critical role in expanding access to homeownership.
Presented in partnership by the MBA and Grounded Solutions Network, this session features expert panelists from a shared equity program and a lending institution who will share insights on underwriting, risk management, secondary market compatibility, and cultivating partnerships in the field. Join us to better understand the growing field of shared equity homeownership and what it can mean for your multifamily lending strategy.
Date/Time:
Wednesday, September 10 (2:00 PM – 3:00 PM ET)
Objectives:
• Understand shared equity homeownership and the three primary models of shared equity homeownership: community land trusts, deed-restricted programs, and limited-equity cooperatives
• Hear from the leader of a shared equity program about their lender partnerships and multifamily lending needs
• Hear from staff at a mid-sized, regional lending institution about the unique considerations of originating commercial loans for multifamily shared equity homeownership
• Have the opportunity to ask questions about shared equity lending
Target Audience:
• Loan Officers
• Credit Risk Managers
• Community Reinvestment Act Officers
• Community Liaisons
Speaker(s):
• Alex Cabral, Innovative Finance Senior Principal, Grounded Solutions Network
• Rebecca Aguilar-Francis, Executive Director, City of Bridges Community Land Trust
• Evan Zuverink, Corporate Community Impact Officer, First Commonwealth Bank