Upon completion of this course, participants will be able to: 1. Describe and discuss affordable housing terms and identify audiences for affordable housing. programs. 2. Assess the impact of local housing market conditions and the need for affordable housing. 3. Explain the value of "affordable" and "workforce" housing as it relates to businesses, residents, and communities. 4. Summarize the range of housing opportunities. 5. Describe how housing opportunities can be increased through workforce housing initiatives, employer-assisted housing benefits programs, community land trusts, green building initiatives, and advocacy. 6. Review and analyze affordable financing options available through credible lenders (including local, state, federal, and nonprofit(down payment) assistance programs, for both buyers and renters). 7. Identify consumer credit information as it relates to mortgage prequalification. 8. Discuss the importance of financial literacy and maintaining financial responsibility. 9.Describe the benefits of working with nonprofit housing counselors and when it is appropriate to do so. 10. Discuss fair housing issues and the importance of avoiding predatory lenders.
DESCRIPTION:This course is designed to help real estate professionals understand affordable housing issues and how their role in increasing housing opportunities.
The class is designed to educate students on the range of affordable housing opportunities and clients seeking them; increase students’ knowledge and understanding of how affordability impacts the housing market, their clients, their business, and their community; help students analyze affordable financing options through credible lenders, including local, state, federal, and non-profit assistance programs for buyers and renters; and teach students how to better leverage partnerships and resources to expand housing opportunities through workforce housing initiatives, green building concepts, and advocacy to benefit the student, their clients, and their communities.
INSTRUCTED BY: Diana Bustamante
$40 members · $60 non-member
CREDITS: 4 Elective