Our mission is to eliminate persistent poverty by helping to transform low-income neighborhoods into vibrant, healthy communities.
Community Land Trust Model
- Bank forecloses on property and takes ownership
- Vacant, foreclosed property creates blight and public safety risk
- Resident led community land trust(CLT) negotiates with bank to purchase property
- CLT purchases property to maintain permanent affordability
- CLT retains ownership of land
- Lower-to-moderate income homebuyer purchases improvements (house) from the CLT
- CLT leases land back to homeowner