MEET PROUD GROUND

What makes us different

We create equity for the current generation while passing on affordability to the next.

Why permanent affordability?

2001 2002 2003 2004 2005 2006 2007 2008 2009 20100

50000

100000

150000

200000

250000

300000Market-RateProud GroundMFI

How does it work?• To protect homeowner

rights, and keep the home affordable, Proud Ground and homeowner sign a legal agreement.

• In this agreement, a resale formula ensures affordability when or if a homeowner decides to sell.

It is like traditional homeownership in that...• You have a mortgage with

a bank.• You accumulate equity.• You enjoy the tax benefits

of homeownership.• You pay property taxes,

though they are often reduced.

• You are free to remodel and improve your home and yard.

• Your home can be inherited.

It is different in that...

• The purchase price is much, much lower.

• In exchange, you resell the house at an affordable price and enjoy a fair return on your investment.

Working with brokers

• Our buyers are represented by a broker• We pay buyers agent fees• Our homes are listed after the First Look

period

Working with employers

• Payroll inserts, posters, e-campaigns• Dedicated information sessions• Geographic targeting• Down payment assistance

Thank you!