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Housing coalition publishes recommendations for GSEs’ ‘Duty to Serve’ plans

Housing Wire

By “centering” the perspectives of affordable housing experts and “synthesizing the most critical action steps,” the UMMC aims to “expand and enhance” the GSEs’ performance in underserved housing markets. Additionally, the GSEs should develop “better loan products” to serve the single-family market.

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Report Reveals How Community Land Trusts Preserve Affordable Homeownership

Appraisal Buzz

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.

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How to Handle the Weird Stuff: Appraisal Methods from an Experienced Florida Appraiser

McKissock

Example: Land lease. In a large development of approximately 300 houses, four of them were on a 99-year land lease with 55 years remaining. Reason was it was the last portion of the block of land, and the owner wouldn’t sell, but did agree to the land lease. Market conditions.

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Manufactured housing group encouraged by FHA attention — but concerned about its portrayal

Housing Wire

But the characterization of the program’s intent was a point of concern for Lesli Gooch, CEO of the Manufactured Housing Institute (MHI). Program details Gooch explained that MHI is encouraged by greater government involvement in the manufactured housing sector — especially considering the affordability challenges that persist nationwide.