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MEET PROUD GROUND
What makes us
different
We create equity for the
current generation while
passing on affordability to
the next.
Why permanent affordability?
300000
                Market-Rate
                Proud Ground
250000
                MFI


200000



150000



100000



50000



    0
         2001         2002     2003   2004   2005   2006   2007   2008   2009   2010
How does it work?
โ€ข To protect homeowner
  rights, and keep the home
  affordable, Proud Ground
  and homeowner sign a
  legal agreement.

โ€ข In this agreement, a
  resale formula ensures
  affordability when or if a
  homeowner decides to
  sell.
It is like traditional
homeownership in that...
โ€ข You have a mortgage with a
  bank.
โ€ข You accumulate equity.
โ€ข You enjoy the tax benefits of
  homeownership.
โ€ข You pay property
  taxes, though they are often
  reduced.
โ€ข You are free to remodel and
  improve your home and yard.
โ€ข Your home can be inherited.
It is different in
that...

โ€ข The purchase price
  is much, much
  lower.
โ€ข In exchange, you
  resell the house at
  an affordable price
  and enjoy a fair
  return on your
  investment.
Working with brokers

โ€ข Our buyers are represented by a broker
โ€ข We pay buyers agent fees
โ€ข Our homes are listed after the First Look
  period
Working with employers

โ€ข   Payroll inserts, posters, e-campaigns
โ€ข   Dedicated information sessions
โ€ข   Geographic targeting
โ€ข   Down payment assistance
Thank you!

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Jesse Beason_BWH Portland 2011

  • 2. What makes us different We create equity for the current generation while passing on affordability to the next.
  • 3. Why permanent affordability? 300000 Market-Rate Proud Ground 250000 MFI 200000 150000 100000 50000 0 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010
  • 4. How does it work? โ€ข To protect homeowner rights, and keep the home affordable, Proud Ground and homeowner sign a legal agreement. โ€ข In this agreement, a resale formula ensures affordability when or if a homeowner decides to sell.
  • 5. It is like traditional homeownership in that... โ€ข You have a mortgage with a bank. โ€ข You accumulate equity. โ€ข You enjoy the tax benefits of homeownership. โ€ข You pay property taxes, though they are often reduced. โ€ข You are free to remodel and improve your home and yard. โ€ข Your home can be inherited.
  • 6. It is different in that... โ€ข The purchase price is much, much lower. โ€ข In exchange, you resell the house at an affordable price and enjoy a fair return on your investment.
  • 7. Working with brokers โ€ข Our buyers are represented by a broker โ€ข We pay buyers agent fees โ€ข Our homes are listed after the First Look period
  • 8. Working with employers โ€ข Payroll inserts, posters, e-campaigns โ€ข Dedicated information sessions โ€ข Geographic targeting โ€ข Down payment assistance