Meet with Municipal Staff, Elected and Appointed Officials and Employers to learn of priorities and needs specific to the community to create home ownership opportunities that will attract and retain workforce.
Identify local financial resources to create a renewable endowment fund for equity. Develop a customized financing model to fund a rent to own plan for families in the 80-120% range of median income while allocating 30-35% of income for housing.
Work with other trusted partners to provide legal, financial, construction and management expertise needed to execute a successful program which will return initial funds invested by the community within 4 - 8 years AND provide sufficient equity to convert rental to home ownership for targeted workforce families.