View training events from the Florida Housing Coalition below. You can also view previous events, which will contain the event recording, presentation, and handouts (if available) in the event description.
With rising construction costs and skyrocketing property insurance costs, developing affordable for sale homes is difficult. Before the land is conveyed, the feasibility of a development must be underwritten. The presenters will outline the process a credit underwriter uses to assess the financial feasibility of an affordable homeownership project. Participants will consider the calculations involved with answering questions like: What is the maximum price the home can be sold for? Does the sales price support the cost of developing the home? How much Downpayment Assistance is needed for the homes sold to the lower AMIs? How does a community land trust affect the project financially?
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