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Drawing on insights from 115 community land trusts (CLTs), Preserving Affordable Homeownership: Municipal Partnerships with Community Land Trusts , a new 2024 Policy Focus Report released by The Lincoln Institute of Land Policy , explores how CLTs are partnering with public officials to help address the housing affordability crisis.
These three mortgage programs can also take steps to improve appraisal accuracy for so-called CrossMod homes, which offer more amenities at more affordable prices. Congress can help.
In the past two blog posts in this series, I discussed the pros and cons of complex appraisal assignments and why today’s residential appraiser may want to consider specializing in “odd” or “atypical” assignments. The examples given in the last post were about “the property to be appraised” being atypical. Example: Landlease.
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