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Appraiser News

AI seeking applicants for diversity program

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Appraiser News
Monday, June 14, 2021

The Appraisal Institute (AI), in collaboration with Fannie Mae and the National Urban League, is seeking applicants for its Appraiser Diversity Initiative (ADI) Sponsorship Program, AI announced in a release.

The Appraiser Diversity Initiative was created to attract new entrants to the appraisal field, facilitate entry in the appraisal profession and to foster diversity in the appraisal community. Real property appraisers play a vital role in homeownership, providing opinions of value that are used for mortgage lending, among other things.

“The goal of the ADI is to create relationships and partnerships with sponsors for the benefit of the ADI participants,” the release said. “ADI sponsors workshops and other activities to inform aspiring appraisers about the requirements to become an appraiser and the multiple career opportunities available. ADI participants are awarded education scholarships for the completion of base course requirements to become an appraiser.”

The purpose of the sponsorship program is to utilize and maximize the ADI’s reach through private sector organizations such as appraisal firms, financial institutions, technology companies, associations and others.

There are three sponsorship tier level choices, including supervisor sponsors, adviser sponsors, and in-kind or workshop sponsors.

Sponsors will enter into a one-year separate written agreement with the Appraisal Institute that details the sponsorship terms and conditions. Sponsor applications are accepted on a rolling basis. Learn more and apply today.

 

 

 

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