Shared Appreciation Loans

Shared appreciation loans are structured as second mortgages, but are considered “silent” in that borrowers make no payments until they sell the home (or, in some cases, refinance the first mortgage). At the time of sale, the family is required to repay the full amount of the loan plus a portion of the home price … Read more

Welcome to HousingPolicy.org!

HousingPolicy.org is a new resource developed by the Center for Housing Policy, and launched as a part of Housing Solutions Week. Click here to view materials from the week. The site provides government and business leaders, housing practitioners and advocates, and other interested individuals with timely and reliable information on successful policies that states and … Read more

Accessory Dwelling Units

Accessory dwelling units are self-contained residential units that are either: — Set aside within a larger single-family home, such as a separate basement or attic apartment, — Attached to a primary residence, such as an apartment above an attached garage, or — Smaller separate units built on the same lot as single-family homes. Accessory dwelling … Read more

Establish Inclusionary Zoning Requirements or Incentives

What is inclusionary zoning? Inclusionary zoning is a flexible tool that uses the momentum of the real estate market to create new affordable rental and ownership opportunities. Inclusionary housing policies may be mandatory or voluntary, and either require or offer incentives for developers of market-rate projects to set aside a modest percentage of units for … Read more

Use Shared Equity Mechanisms to Preserve Homeownership Subsidies

There is great variety in how resale formulas are implemented and enforced, but the three main approaches in the United States include deed-restricted homeownership, limited equity cooperatives, and community land trusts. Click on the links below to learn more about three relatively common approaches: Deed-restricted homeownership — guidelines specify the future sales price and qualifications … Read more

Neighborhood Stabilization

New to the Forum? Click here to learn more about how this section of the site works. Go straight to the threads, or scroll down to view the Discussion Forum and related news articles. The discussion is organized by broad categories called “threads.” Before starting a new thread, please check to see if your question … Read more

Foreclosure Response

Resources on preventing foreclosures & stabilizing communities ***NOW AVAILABLE: Foreclosure Needs Scores at the ZIP Code Level*** Across the country, states and localities are engaged in an expedited process to determine how to allocate nearly $4 billion that the federal government is providing to help stabilize the communities that have been hardest hit by the … Read more

Crescent_Cove

Crescent Cove Apartments is a 236 unit building completed in the newly expanding Mission Bay district in San Francisco. The project is designated as “workforce housing” with units reserved for families that make 50%-60% AMI. In San Francisco County, this translates to an annual income of between $38,000 and $45,000 for a family of two, … Read more