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Grounded Solutions Network Seminar Public Comment from Kim Morisaki with NW MT Community Land TrustAimee Brunckhorst From: Ryan Hunter Sent: Friday, June 11, 2021 12:13 PM To: Aimee Brunckhorst; Chad Graham; Doug Russell; Kari Gabriel; Kyle Waterman; Mark Johnson; Ryan Hunter; Sam Nunnally; Sandy Carlson; Sid Daoud; Tim Kluesner Subject: Fw: EXTERNAL Grounded Solutions Network Newsletter Follow Up Flag: Follow up Flag Status: Flagged Council, Below is an email some of us received that was intended as public comment for our upcoming discussion on ADUs. Ryan Hunter Kalispell City Council Ward 3 rhunter@kalispell.com From: Kim Morisaki <kmorisaki@nwmt.org> Sent: Friday, June 11, 2021 11:06 AM To: Ryan Hunter <rhunter@kalispell.com>; Kyle Waterman <katerman@kalispell.com>; Tim Kluesner <tkluesner@kalispell.com>; Mark Johnson <mjohnson@kalispell.com> Cc: Jarod Nygren <jnygren@kalispell.com> Subject: EXTERNAL Grounded Solutions Network Newsletter [NOTICE: This message includes an attachment -- DO NOT CLICK on links or open attachments unless you know the content is safe.] Ryan, Kyle, Tim and Mark - Hope you are having a great Friday. I'm forwarding this to you because I saw that you are discussing accessory dwelling units on Monday and I have talked with each of you at some point about some of the "pieces of the puzzle" that might help with workforce, affordable and/or attainable housing in the Flathead. I included Jarod here because he is a board member for the NW MT Community Land Trust. I've been Exec. Director of this organization for about eight months now and have had quite a sprint to learn about all the innovative things that are happening in the areas of Housing Land Trust and other tools for keeping housing attainable for the average citizen. Grounded Solutions is kind of the national clearing house for many of these solutions. If you scroll down to the Buildable Backyards section there is some information about an online summit discussing how communities around the country are using ADU tactics to address their housing shortages. We don't need to re-create the wheel, we can take some of these ideas and tweak them to work for us. BTW-The Land Trust has 52 properties in Kalispell in its inventory. Those properties have 52 homes on them that are owned by average working- class people which are kept affordable through a ground lease arrangement. The land trust exists because Kalispell secured a couple of Neighborhood Stabilization grants after the last recession. The board decided in May to start working on expanding its inventory in Kalispell, Columbia Falls and in the country. Community Land Trusts are a great tool in the toolbox, but by themselves they aren't enough to address a housing shortage like we are experiencing. We need all the tools in the toolbox! I like ADUs as another tool to address the housing shortage because they allow people to decide how to leverage their own private investment and possibly see a return on their investment while creating smaller homes that fill a huge demand. Creating the circumstance that allows people to do this would be so good. Some communities create 8 or 10 pre -approved designs that homeowners can use that ensures that the codes are met and streamlines the approval process. ADUs let older couples move into the "smaller" unit while allowing their adult children/grandchildren to move back to Kalispell and live in the larger house. This addresses another challenge that we are facing which is the workforce shortage. I think it is safe to say that with a 3.6% unemployment rate, there just aren't enough of us to meet the Valley's demand for employees. Any solution that makes it easier for Montanans to move back home or other people who have been offered jobs here to find a place to live is a good thing. I just wanted to share with you that there are all kinds of resources available to help navigate some of these challenges that Kalispell is facing. Have a great weekend. Kim Kim Morisaki, Executive Director 406-261-8831 6b,60& Northwest Montana Community Land Trust, Inc. From: Grounded Solutions Network <info@groundedsolutions.org> Sent: Tuesday, June 1, 2021 12:30 PM To: Kim Morisaki <kmorisaki@nwmt.org> Subject: Grounded Solutions Network Newsletter GROUNDED SOLUTIONS 11" 1'%141 New Faces at Grounded Solutions Network 3 I are thrilled to announce that Kevin McQueen will be oining the Grounded Solutions team as a Lincoln Senior =ellow starting June 1st. Kevin will be conducting research, levelopment, and national thought leadership education activities related to creating acquisition funds to supply the ;apital for land bank -community land trust partnerships to succeed, supporting Grounded Solutions' Catalytic Land ohort. Kevin has nearly four decades of experience in community development finance and impact investing, as a financier, strategist, and educator. He is currently Director of Lending at The Leviticus Fund, a community development financial institution that invests in equitable economy initiatives in New York, New Jersey, and Connecticut. Kevin is also a partner in the consulting firm BWB Solutions, LLC, which helps strengthen organizations committed to social impact. In addition, he is a part-time faculty member at the Milano School of Policy, Management, and Environment, and a recipient of the Lincoln Institute of Land Policy Curriculum Innovation Award. Kevin is a director of Change Machine, a technology -based social enterprise and holds an A.B. from Brown University. Kevin's role with Grounded Solutions is made possible by the Lincoln Institute of Land Policy. 4 Buildable Backyards- Real Estate Summit BUILd bL BACKYARDS Grounded Solutions Network member organization Durham Community Land Trustees is hosting a virtual summit focused on expanding housing options and maximizing land resources with Accessory Dwelling Units (ADUs). Buildable Backyards takes place over two half days to fully explore positioning ADU development for more inclusive communities. Many jurisdictions are considering regulations to allow ADUs or have recently updated zoning codes. The goal of Buildable Backyards is to increase the knowledge of lenders, appraisers, and others interested in ADU development. Bill Introduced for a Cooperative Housing Pilot Program Representatives Ilhan Omar (D-MN-5) and Carolyn Maloney (D-NY-12) introduced on April 23 the "Affordable Housing Preservation Act" to create a demonstration program to fund the creation of community -owned cooperatives for low-income renters and homeowners, including limited equity housing cooperatives and manufactured Resident -Owned Communities (ROCs). The bill would establish a $200 million program run by the Department of Housing & Urban Development to support nonprofits to create, preserve, and steward cooperatives for low-income individuals. Grounded Solutions Network worked closely with Rep. Omar's staff, Urban Homesteading Assistance Board, ROC -USA and National Association of Housing Cooperatives to create this legislation, which is also supported by the National Low Income Housing Coalition. "We applaud Congresswoman Omar and Congresswoman Maloney for introducing the Affordable Housing Preservation Act of 2021," Tony Pickett said in the press release. "This bill will support critical partnerships for nonprofit resident -controlled cooperative housing demonstrations that enable lower income families to successfully own and control where they live, while also providing them with quality housing that remains affordable to meet the needs of future families." 6 Shared Equity Conversions: Stabilizing Homeownership and Creating Community Assets Wednesday, June 30th Learn how shared equity programs, in collaboration with Grounded Solutions Network, are pursuing TIPOC Homeownership Stabilization" strategies that prevent foreclosure and displacement while also building a portfolio of homes with lasting affordability. Candid Conversations on Lasting Affordability Now - Member -Only Peer Exchange Sessions Join us July 14th, more information comign soon! Save the date for Grounded Solutions Network Member -only virtual discussions on emerging opportunities in the shared -equity sector. Introduction to Limited Equity Cooperatives Course starts Thursday, July 22 This introductory level course is for policy makers, funders, community members, community planners and anyone interested specifically in limited equity housing cooperatives. "' Community Land Trusts 101: Permanently Affordable Homeownership In this hour-long webinar, we cover the basic CLT organizational structure, describe the CLT approach to permanently affordable homeownership, identify keys to CLT success, and debunk some common myths about CLTs. View the recording at the link to the left. 10 PROUD GROUND Real Estate Services Coordinator Proud Ground Location: Portland, OR 11 dd M, a C .�r ie We make home possible" Freddie Mac Ground Lease Product Update Freddie Mac introduced a community land trust ground lease product offering in 2019, and now Freddie Mac has updated this product offering to make it easier for lenders, servicers, and programs to have buyers access mortgages. These changes include: 1. Removing a seller/servicer training requirement and Freddie Mac approval to sell CLT mortgages 2. Removing additional requirements for servicing CLT ground lease mortgages beyond what is in the Model Ground Leas(es) and Form 490, Freddie Mac's Community Land Trust Ground Lease Rider 3. Removing the need for lenders to review certain aspects of the CLT's homeownership program 4. Clarifying how to calculate the maximum LTV for CLT mortgages Visit our Mortgage Financing resource to access relevant sections of the Freddie Mac Selling Guide and to share them with your lenders today. 12 Freddie Mac is hosting two upcoming webinars focused on their mortgage finance offerings, and how your organization can streamline the application process. Freddie Mac Financing for CLTs and Shared Equity Offerings Webinar Tuesday, June 15th Coffee with Fannie Mae's Community First Does your organization have a housing counseling program? Looking for a new HUD CMS? HomeKeeper users can now track housing counseling workshops and one-on-one counseling alongside homeownership programs. Contact us to do a free demo of these features! 13 L rn M r Interested in a free data assessment or demo of HomeKeeper? Click Here Join us at our next orientation or contact us today - Click Here! Where we live matters. We bring together an extensive network of partners and member practitioners from local communities who have a deep understanding of best practices in community land trusts, shared 14 equity housing, local housing policies such as inclusionary zoning, and more. At Grounded Solutions Network, we know what policies and strategies work to build and preserve housing opportunities, and we help communities use them. Become a Member (J) Share Tweet Forward 15 Want to change how you receive these emails? You can update your preferences or unsubscribe from this list.