News from the National Community Land Trust Network 
November 2012
In This Issue
New Board of Directors
Executive Director Sought
New Mortgage Lending Resources
The Power of Film
CDFI Partners
Dinner Cruise
Check us out on Facebook to find hundreds of great photos from the 2012 National CLT Conference in Burlington.

Homeownership Poster

2014 National CLT Conference Cleveland, Ohio

Save the Date:
Week of April 27, 2014
Meet Our 2012- 2013 Board of Directors

The National CLT Network is pleased to welcome four new members to the Board of Directors:
 
Marge Misak Marge Misak
Neighborhood Housing Services of Greater Cleveland
Cleveland, Ohio
Robert Dowling Robert Dowling
Community Home Trust
Carrboro,
North Carolina

 
Rev. John Whitfield
Rev. John Whitfield
 
Baldwin Housing Alliance 
Daphne, Alabama 
Norma Valdez
The Loan Fund 
Albuquerque, New Mexico
 
 Click here to read about all 15 Board of Directors.
Seeking An Executive Director
 
Our ideal Executive Director is a mission-focused leader skilled in internal operations and external relations with superior knowledge of the affordable housing fields, particularly as those relate to the complex model of national membership-based advocacy and direct service organizations.      

Job Announcement 
View New Online Resources For Mortgage Lending
 

The Network has new online resources to help you recruit first mortgage lenders and provide information on selling loans to Fannie Mae. On the Network website, under "Resources" in the "Topical Index" you will find a new webpage First Mortgage Lending to CLTs. This includes a handout for lender recruitment, relevant research, and comprehensive materials on selling loans to Fannie Mae.

Use These Films Today

 

Open Studio Productions has been a long-lasting partner of community land trusts. Their films are tremendous resources for homebuyer education, fundraising, and partner recruitment. Incorporate these videos into your work today!

 

Streets of DreamsStreets of Dreams This 13-minute video clip highlights CLTs throughout the southeast. It poignantly reviews the deep significance of homeownership and keeping land in trust for African  American communities that have experienced historical disenfranchisement from their heritage lands. It is an excellent tool for homebuyer recruitment, fundraising, and general education.

 

Homes And Hands Updated in 2008, this 40-minute video explores how Homes and Hands - PaintingCLTs are providing  affordable housing, empowering local residents, and gaining community control over resources. Told through the voices of residents and leaders from Vermont, North Carolina, and New Mexico, this film is an excellent tool for recruiting potential homebuyers and fostering support from local partners. 

 Homes and Hands - Children

Purchase a Homes And Hands DVD  

On Sale for $15 (including shipping).  

The DVD allows you to select particular chapters and utilize Spanish subtitles. 

Turn To CDFI Partners For Financing

In partnership with the National Housing Institute, Network representatives recently presented at the Opportunity Finance Network to share how CDFIs may support your organizations and shared equity homeownership. Many Community Development Financial Institutions have existing products that can help CLTs accomplish their work. Below are three CDFIs that offer financing across the U.S. Find a CDFI in your community.  

 

Does your CLT need access to capital?

Enterprise Community Loan Fund is one of the largest community loan funds in the country. It provides predevelopment loans, acquisition loans, mini-permanent loans for acquisition and repairs of buildings for affordable housing preservation (such as expiring LIHTC projects), and mini-permanent loans for community facilities.

 

Mercy Loan Fund is a large loan fund that has provided financing across the country. They offer lines of credit for purchase and rehab of single-family homes, gap loans for housing cooperatives, bridge loans for LIHTC projects to preserve affordability, and loans for conversion of rental properties to cooperatives.

 

Could your homebuyers or homeowners benefit from access to safe car loans?  

Ways to Work is a a CDFI offering auto loans to lower income individuals with credit challenges, through a network of 50 offices in 21 states. Help your homeowners connect with Ways to Work to purchase vehicles.