tag:blogger.com,1999:blog-6014138299258818205.post2214259166483516584..comments2009-08-03T09:08:31.179-04:00National Housing Conferencehttp://www.blogger.com/profile/01331886126371327727noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-6014138299258818205.post-27441356264834419292009-08-03T04:44:44.196-04:002009-08-03T04:44:44.196-04:00This information is very helpful. Keep posting.Will certainly try doing that myself. Your post/article really interesting.<br /><br />Deirdre Gonzalesphilippines homeshttp://www.atayala.com/noreply@blogger.comtag:blogger.com,1999:blog-6014138299258818205.post-40624591351208430162009-07-14T13:07:30.992-04:002009-07-14T13:07:30.992-04:00The Highland Park Community Land Trust has done great work as outlined in the original posting. Our hats are off to them as an excellent model for others to follow. There are several other promising examples of shared equity homeownership being pursued across the country as well. Right in the Chicago area, there is the Chicago Community Land Trust that represents a large scale effort to promote long-term affordable homeownership. Also, Janice Morrissey, the Director of Housing Initiatives for the new South Suburban Housing Collaborative (formed by 18 towns) is working with the Metropolitan Mayors Caucus and the Metropolitan Planning Council to pursue mechanisms for all kinds of housing activities “across municipal boundaries.” The DLA Piper law firm has agreed to provide pro bono assistance to the Collaborative, developing shared equity models that all participating towns could utilize. <br /><br />As an example from the East, the Diamond State Community Land Trust represents the State of Delaware’s effort to ensure that any property that the state invests more than $60,000 of Neighborhood Stabilization Program (NSP) funding must become part of Delaware’s permanently affordable homeownership stock. <br /><br />From the West, the City of Oakland working with the Urban Strategies Council, has allocated all of the City’s NSP funding available to serve populations at above 50% of the Area Median Income, to create permanently affordable homeownership, also through the creation of a new community land trust. These are just a few examples of the growing number of communities who understand that over the long-term they will do a better job of stabilizing their communities and create many more wealth building opportunities by pursuing strategies that promote long-term affordable homeownership.<br /><br />Jim Gray<br />NCB Capital ImpactJim Grayhttp://www.blogger.com/profile/17408661429037450032noreply@blogger.com