Update on the Implementation of Duty to Serve One Year In: Duty to - - PowerPoint PPT Presentation

update on the implementation of duty to serve
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Update on the Implementation of Duty to Serve One Year In: Duty to - - PowerPoint PPT Presentation

One Year In: Update on the Implementation of Duty to Serve One Year In: Duty to Serve Alanna McCargo, Urban Institute Chip Clements, Forcht Bank Ben Navarro, Fannie Mae Michael Sloss, ROC- USA Dennis Smith, Freddie Mac


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SLIDE 1

Update on the Implementation

  • f Duty to Serve

One Year In:

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SLIDE 2

One Year In: Duty to Serve

  • Alanna McCargo, Urban Institute
  • Chip Clements, Forcht Bank
  • Ben Navarro, Fannie Mae
  • Michael Sloss, ROC- USA
  • Dennis Smith, Freddie Mac
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SLIDE 3

Overview of Duty To Serve

Targeted markets:

  • Manufactured homes titled as real property
  • Manufactured homes titled as personal property (chattel loans)
  • Manufactured housing communities owned by government, nonprofits, or residents
  • Manufactured housing communities with specified minimum tenant pad lease

protections Program examples:

  • New mortgage products
  • Chattel pilots
  • Liquidity for sustainable preservation of mission-driven communities