The unique housing model offers low-income households the opportunity to own homes.
Miami-Dade County approved plans to establish a community land trust (CLT) designed to streamline the production of 50 new units of affordable housing, according to an article by Deirdra Funcheon in Axios.
Community land trusts are becoming an effective way for nonprofit organizations to facilitate homeownership for low-income households. As Funcheon explains, “For a nominal fee, the nonprofit gives the homeowner a 99-year lease to use the land, which essentially confers the same benefits as ownership.”
In the CLT model, “The homeowner is allowed to later sell the home but only for a slight profit and to another low-income buyer, keeping the property affordable as it changes hands.”
Funcheon adds, “Jennie Lopez, strategic initiatives manager in the office of Mayor Daniella Levine Cava, tells Axios the administration has also added incentives for CLTs to various affordable housing programs, and that the county has committed $4 million in affordable housing funds to a 13-unit CLT townhome project in Little Haiti.”
FULL STORY: Miami votes to pilot a unique model for affordable housing
How One Community Land Trust Delivers Housing Affordability to Denver
The Elevation Community Land Trust's unusual ownership structure and strong initial fundraising have given it a solid footing in the Denver area.
Shared-Equity Homeownership: A Primer
Alternative models of homeownership involving shared equity may be able to offset the urban housing crunch. They include the subjects of this discussion: community land trusts and housing co-ops.
New York's First Citywide, Multi-Partner Community Land Trust
With support from the city and community development groups, Interboro Community Land Trust will focus on creating affordable homeownership opportunities.
Planetizen Federal Action Tracker
A weekly monitor of how Trump’s orders and actions are impacting planners and planning in America.
Canada vs. Kamala: Whose Liberal Housing Platform Comes Out on Top?
As Canada votes for a new Prime Minister, what can America learn from the leading liberal candidate of its neighbor to the north?
The Five Most-Changed American Cities
A ranking of population change, home values, and jobs highlights the nation’s most dynamic and most stagnant regions.
San Diego Adopts First Mobility Master Plan
The plan provides a comprehensive framework for making San Diego’s transportation network more multimodal, accessible, and sustainable.
Housing, Supportive Service Providers Brace for Federal Cuts
Organizations that provide housing assistance are tightening their purse strings and making plans for maintaining operations if federal funding dries up.
Op-Ed: Why an Effective Passenger Rail Network Needs Government Involvement
An outdated rail network that privileges freight won’t be fixed by privatizing Amtrak.
Urban Design for Planners 1: Software Tools
This six-course series explores essential urban design concepts using open source software and equips planners with the tools they need to participate fully in the urban design process.
Planning for Universal Design
Learn the tools for implementing Universal Design in planning regulations.
Village of Glen Ellyn
Central Transportation Planning Staff/Boston Region MPO
Heyer Gruel & Associates PA
Institute for Housing and Urban Development Studies (IHS)
City of Grandview
Harvard GSD Executive Education
Regional Transportation Commission of Southern Nevada
Toledo-Lucas County Plan Commissions