PermAffai

Founding cohort

What does stewardship actually take?

Nobody knows, because nobody has measured it the same way twice. We are forming a cohort of ten to fifteen community land trusts and shared-equity programs to find out together.

01 What this is

Joining takes about two minutes and commits your organization to nothing.

The cohort is not funded and not scheduled. We are building the interest list first, for two reasons. A sponsor needs to see real demand before committing anything, and the field should shape these measures before anyone pays to collect them.

We ask three things: how many homes you steward, how your stewardship work is staffed, and which measures would actually be useful to you. We report the list to prospective sponsors as totals only, never by name without your written permission.

Once a sponsor and a convening intermediary are in place, we will come back to every organization on this list to confirm terms before anything begins. Nobody is signed up to anything by filling in this form.

Why we are building this cohort — the research behind it, and the five measures we propose.

02 The five measures

Two of these have no published sector benchmark.

Staff hours

Hours spent on routine stewardship tasks, measured against each organization’s own baseline rather than against anyone else’s.

Homes per stewardship FTE

Counting only homes whose obligations are actually current, alongside all homes per staff member. The gap between those two numbers is the stewardship an organization owes but cannot staff.

Resale accuracy and timing

Every resale price checked against the adopted formula, and every closing tracked against the ground lease timeline.

Homeowner retention and delinquency

Read as a guardrail rather than a target. Growth that weakens homeowner outcomes does not count as success.

Stewardship practice adoption

Board-adopted policies and procedures, scored against core practices: mortgage review, lender notice of delinquency, annual homeowner contact.

Still open Resale accuracy and homes per stewardship FTE have no agreed sector definition. Programs count them differently. That is part of what the cohort is for, and the definitions are not settled.

03 Add your organization

Who this is for.

Community land trusts and shared-equity programs of any size, including programs still in formation. Funders, intermediaries, CDFIs and state or regional networks who might help convene or underwrite the work. And practitioners who simply have a view on how these measures should be defined.

If you are not sure which of those you are, pick the closest and tell us in the last field.

Why we are building this cohort →

Which measures would be most useful to you?
Naming your organization

This is an interest list, not a commitment. We will confirm terms with you before anything starts. See the privacy policy for what we do with this.