Webinar Presentations: Can Lease-Purchase Save Us?

Sponsored by NeighborWorks America and the National Housing Institute/Shelterforce

To listen to this webinar click here.

As developers struggle to find buyers for rehabbed affordable homes, many are looking to a lease-purchase model to expand the pool of potential owners. But lease purchase is far more complicated than just an end-run around the credit crunch.

Shelterforce editor Miriam Axel-Lute moderated this informative discussion among the subjects of her groundbreaking article “Can Lease-Purchase Save Us?”. Speakers addressed a variety of issues that are critical in planning a successful lease-purchase program:

• Short-term vs. long-term conversion: what is the primary goal of your lease-purchase program?  Is it to turn the property over to a homeowner as quickly as possible or to get the property occupied quickly to avoid vandalism and further deterioration of the neighborhood?

• Property management issues: what are the challenges and strategies to address what is unique about scattered site property management for occupants in transition from rental to ownership?

• Buyer development issues: how can you make sure that your lease-purchasers are on a steady path to ownership?

The speaker's presentations are on the left side of this screen under the Documents section.  Click the name of the speaker to open a pdf of the presentation. 

• Bill Goldsmith - Mercy Portfolio Services
• John O'Callaghan - Atlanta Neighborhood Development Partnership, Inc.
• Staci Horwitz - City of Lakes Community Land Trust