Valley Community Land Trust (@vcltcares) 's Twitter Profile
Valley Community Land Trust

@vcltcares

Affordable housing for the community, by the community.

ID: 1384971572952276996

linkhttp://valleyclt.org calendar_today21-04-2021 20:45:34

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Community land trusts a huge impact on the affordable housing supply, it can stabilize communities, prevent displacement, and create wealth for families who have been systemically blocked from homeownership. wesa.fm/development-tr…

Valley Community Land Trust (@vcltcares) 's Twitter Profile Photo

What are CLT main goals? 1- Creating and preserving affordable housing 2- Leasing affordable spaces for community groups, local businesses and social enterprises 3- Building community planning capacity and leadership to shape neighbourhood development

Valley Community Land Trust (@vcltcares) 's Twitter Profile Photo

What does Land trust provide? 1/3 They provide low- and moderate-income people with the opportunity to build equity through homeownership and ensure these residents are not displaced due to land speculation and gentrification.

Valley Community Land Trust (@vcltcares) 's Twitter Profile Photo

2/3 Land trust housing also protects owners from downturns because people are not over extended; as a result, foreclosure rates for land trusts have been as much as 90 percent less than conventional home mortgages

Valley Community Land Trust (@vcltcares) 's Twitter Profile Photo

3/3 Most commonly, at least one-third of a land trust’s board is composed of community residents, allowing for the possibility of direct, grassroots participation in decision-making and community control of local assets.

Valley Community Land Trust (@vcltcares) 's Twitter Profile Photo

Who's involved in CLT? 1- The grantor, who creates the trust and transfers property ownership to it. 2- The trustee, who manages the trust according to the specific wishes of the grantor. 3-The beneficiary, who stands to benefit in some way from the terms of the land trust.

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The towns could use the fund to provide financial assistance to first-time homebuyers, rehabilitate community housing, produce community housing for sale or rent, offer housing counselling, and acquire housing units to be used as community housing.danspapers.com/2021/06/bill-w…

Tom Chance (@tom_chance) 's Twitter Profile Photo

Really great to see the Irish Government explicitly recognising #communityledhousing in the Affordable Housing Bill 2021. Francis Noel Duffy and others have been working to amend it to define @community_land trusts and CLH (similar to English definitions).

Really great to see the Irish Government explicitly recognising #communityledhousing in the Affordable Housing Bill 2021. 

<a href="/FNDuffy/">Francis Noel Duffy</a> and others have been working to amend it to define @community_land trusts and CLH (similar to English definitions).
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West Side Community Land Trust, will receive $50,000 to support its efforts to provide affordable housing in neighbourhoods under the threat of gentrification. GD qcitymetro.com/2021/07/30/wes…

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The land trust has its eye on other properties in the neighbourhood, including many of the homes owned by Caltrans. Dozens of them are empty and being guarded by private security and California Highway Patrol. Ryann Blackshere Vargas spectrumnews1.com/ca/la-east/hou…

Valley Community Land Trust (@vcltcares) 's Twitter Profile Photo

The trust is currently working on its Nature Connection Campaign which aims to raise $21 million in donation funding and an additional $20 million in grants for several projects throughout Santa Cruz, San Benito and Monterey counties. Neil Strebig lookout.co/santacruz/busi…

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Land in a CLT can be used for many things—agriculture, small businesses and community facilities, community gardens, rental housing, cooperative housing, and homeownership.

Valley Community Land Trust (@vcltcares) 's Twitter Profile Photo

CLTs are currently best known for providing permanently affordable housing, though the very first one—New Communities Inc.—was a collective farm formed by Black families in Albany, Georgia ctmirror.org/category/ct-vi…

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'Our long-term dream is to create a local community-based agricultural land trust that can serve as a nonprofit entity for the benefit of Ramona’s long-term food ecology and food systems' ramonajournal.com/reconnecting-w…