Administration and Monitoring of Shared Equity Homeownership
By Rick Jacobus
For NCB Capital Impact and NeighborWorks America
The shared equity approach requires local servicing for long term success. Services include preparing new qualified homebuyers, assisting in refinancing, supporting home improvements, foreclosure prevention, and re-sales. How can these functions be supported through scalable fees? What impact does this have on the affordability and definition of the target market after factoring in full cost? What implications does this have for financing? For local policy?