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Making the most of public investment AFFORDABLE HOMEOWNERSHIP

Making the most of public investment AFFORDABLE HOMEOWNERSHIP

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Page 1: Making the most of public investment AFFORDABLE HOMEOWNERSHIP

Making the most of public investment

AFFORDABLE HOMEOWNERSHIP

Page 2: Making the most of public investment AFFORDABLE HOMEOWNERSHIP

A peer network for homeownership programs that seek to preserve long-term affordability

and community stability, helping more people buy homes today, maintain those homes and

keep them affordable in the future.

A peer network for homeownership programs that seek to preserve long-term affordability

and community stability, helping more people buy homes today, maintain those homes and

keep them affordable in the future.

Page 3: Making the most of public investment AFFORDABLE HOMEOWNERSHIP

NATIONAL OUTREACH PARTNERS

Page 4: Making the most of public investment AFFORDABLE HOMEOWNERSHIP

GUIDING PRINCIPLES

IMPACT DRIVENSet and track goals that reflectcommunity priorities

TARGETEDFocus on buyers who need help but are likely to succeed

BALANCEDBuild wealth for owners while preserving affordability

MANAGEDSteward the public investment to ensure long term benefit

SAFEEnsure sound mortgage practices

UNDERSTANDABLEEducate buyers on program requirements

Page 5: Making the most of public investment AFFORDABLE HOMEOWNERSHIP

THE PRINCIPLES IN ACTION

Sector Performance

Data System

Technical Assistance Awards

Document LibraryWebinar Series

Regional

Assessments

Page 6: Making the most of public investment AFFORDABLE HOMEOWNERSHIP

Regional Assessment Program

Purpose:

To what extent are affordable homeownership programs incorporating effective practice strategies into their programs?

Page 7: Making the most of public investment AFFORDABLE HOMEOWNERSHIP

Regional Assessment Program

Maximize program impact Increase program capacity Learn more about trends in program practice

and program challenges in your county Encourage collaboration and peer sharing

between participating jurisdictions

Page 8: Making the most of public investment AFFORDABLE HOMEOWNERSHIP

Comprehensive Program Assessment

Assessment Tool: 60 questions about program design and implementation

Format: Document Review & 1.5-2 hour in-person Interview

Individual Follow-up: Summary Memo and Technical Assistance Tools

Cross-Site Report and Recommendations Pre- and Post-Assessment meetings

Page 9: Making the most of public investment AFFORDABLE HOMEOWNERSHIP

Tracking Programs and Progress

Performance Reporting

HomeKeeper Workflow

Management System

Sector Performance Data System

Page 10: Making the most of public investment AFFORDABLE HOMEOWNERSHIP

Tracking Programs and Progress

HomeKeeper Workflow

Management System

Page 11: Making the most of public investment AFFORDABLE HOMEOWNERSHIP

Tracking Programs and Progress

Sector Performance Data System

Sector Performance Database

Page 12: Making the most of public investment AFFORDABLE HOMEOWNERSHIP

Tracking Programs and Progress

Performance Reporting

Page 13: Making the most of public investment AFFORDABLE HOMEOWNERSHIP

Social Innovation Fund

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Program of the Corporation for National and Community Service

$2 million over two years matched by private funds

Operating support to 7 – 10 nonprofit organizations

Page 14: Making the most of public investment AFFORDABLE HOMEOWNERSHIP

Social Innovation Fund

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Key Implementation Partners Ford Foundation Habitat for Humanity International Housing Partnership Network National Community Land Trust Network NeighborWorks® America Urban Institute

Page 15: Making the most of public investment AFFORDABLE HOMEOWNERSHIP

Operating Support•7 – 10 Grantees

•$100k - $150k each year

Technical Assistance•Direct TA•Capacity Building Institute

•Sector Performance Database TA

Outcomes Tracking•HomeKeeper

•Sector Performance Database

•Evaluation

Social Innovation Fund

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Cornerstone Homeownership Innovation Program (CHIP)

Page 16: Making the most of public investment AFFORDABLE HOMEOWNERSHIP

Social Innovation Fund

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Target Applicants 501(c)(3) nonprofits Commitment to provide stewardship Commitment to tracking and reporting outcomes Can meet the 1:1 match requirements

Joint applications with public agencies are encouraged

The RFP will go live on September 30, 2011

Page 17: Making the most of public investment AFFORDABLE HOMEOWNERSHIP

Join us Online!

Benefits: Membership is free Peer insights webinars & online peer exchange Document library Online assessment & tracking tool Technical assistance

You agree to:

Endorse the partnership’s stewardship principles and best practices

Sign-up : WWW.AFFORDABLEOWNERSHIP.ORG

Page 18: Making the most of public investment AFFORDABLE HOMEOWNERSHIP

WWW.AFFORDABLEOWNERSHIP.ORG

Colby Dailey

[email protected]

510/496-2202