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Making the most of public investment AFFORDABLE HOMEOWNERSHIP.

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Presentation on theme: "Making the most of public investment AFFORDABLE HOMEOWNERSHIP."— Presentation transcript:

1 Making the most of public investment AFFORDABLE HOMEOWNERSHIP

2 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.

3 NATIONAL OUTREACH PARTNERS

4 GUIDING PRINCIPLES IMPACT DRIVEN Set and track goals that reflect community priorities TARGETED Focus on buyers who need help but are likely to succeed BALANCED Build wealth for owners while preserving affordability MANAGED Steward the public investment to ensure long term benefit SAFE Ensure sound mortgage practices UNDERSTANDABLE Educate buyers on program requirements

5 THE PRINCIPLES IN ACTION Sector Performance Data System Technical Assistance Awards Document Library Webinar Series Regional Assessments

6 Regional Assessment Program Purpose: To what extent are affordable homeownership programs incorporating effective practice strategies into their programs?

7 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

8 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

9 Tracking Programs and Progress

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11 Sector Performance Database

12 Tracking Programs and Progress

13 Social Innovation Fund 13  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

14 Social Innovation Fund 14 Key Implementation Partners  Ford Foundation  Habitat for Humanity International  Housing Partnership Network  National Community Land Trust Network  NeighborWorks® America  Urban Institute

15 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 15 Cornerstone Homeownership Innovation Program (CHIP)

16 Social Innovation Fund 16 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

17 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. A FFORDABLE O WNERSHIP.ORG

18 WWW.AFFORDABLEOWNERSHIP.ORG Colby Dailey cdailey@ncbcapitalimpact.org 510/496-2202


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