On April 30, I’ll be moderating a panel on various ways that towns can incentivize the purchase of homes for affordable buyers. We will cover traditional down payment and closing cost assistance as well as mortgage write-downs and even post-purchase rehabilitation assistance. The Affordable Housing Professionals of New Jersey are sponsoring the event. They are currently seeking approvals for the session to count as continuing education credits for various professions.

Panelists will include lenders and organizations that are successfully working with these types of incentives. The more towns I talk to about these less traditional approaches to affordable housing , the more I learn about the perception of a high barrier to developing and implementing such a program. The goal of the session is to debunk those myths and allow everyone to “crack the code” on this approach to affordable housing.

Look for an update in the next few days with a registration link!