Community Land Trusts


	Community Land Trusts

obvious

7-10-2008 10:35 AM

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tags:

housing

obvious says:

This is my newest obsession. Please note that this clip is from a press release, not a news article, and so should be take "grain of salt"-style.

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<div style="margin: 12px 0px; font-family: arial; color: #333333; background: #ffffff; border: solid 4px #e5e5e5; width: 100%; clear: left;"><div class="CM_CTB_Content_Wrap" style="margin: 0px; padding: 0px;background-color: #ffffff;"><div style="border-bottom: solid 1px #dcdcdc; white-space: nowrap; margin-bottom: 8px; background-color: #eeeeee ;background-image: url(http://clipmarks.com/images/source-bg.gif); background-repeat: repeat-x; height: 24px; line-height: 24px; vertical-align: middle; padding-bottom: 4px; color: #666666; font-size: 10px;" ><a href="http://clipmarks.com/clip-to-blog/" title="see clips that are hot right now"><img src="http://content.clipmarks.com/blog_embed/82f84190-da72-468a-92ef-973893806a9f/E3D2A419-ECBD-4ABF-9444-005A4E81C724/" alt="" width="19" height="19" border="0" style="vertical-align: middle; margin: 0px 4px; display: inline; border: none; float:none;" /></a>clipped from <a title="http://www.prweb.com/releases/2008/6/prweb1025084.htm" href="http://www.prweb.com/releases/2008/6/prweb1025084.htm" style="font-size: 11px;">www.prweb.com</a></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.prweb.com/releases/2008/6/prweb1025084.htm"><H1 class="h1">Cities Can Get Long-Term Affordable Housing Through Community Land Trusts, Lincoln Institute Report Says </H1></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.prweb.com/releases/2008/6/prweb1025084.htm">Community land trusts provide long-term affordable housing, stretch subsidies and protect against foreclosure, according to <A title="The City–CLT Partnership: Municipal Support for Community Land Trusts" target="_blank" href="http://www.lincolninst.edu/pubs/PubDetail.aspx?pubid=1395">The City–CLT Partnership: Municipal Support for Community Land Trusts</A>, the latest Policy Focus Report published by the Lincoln Institute of Land Policy.</blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.prweb.com/releases/2008/6/prweb1025084.htm"><P>
Cities can secure all these benefits by coordinating municipal policies to allow community land trusts to flourish, the report says. The danger is that "local governments may inadvertently structure CLT funding and oversight in ways that undermine the effectiveness of the very model they are attempting to support," said Lincoln Institute visiting fellow John Emmeus Davis, co-author of the report with Rick Jacobus, also a visiting fellow.
</P></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.prweb.com/releases/2008/6/prweb1025084.htm">
Community land trusts allow residents to purchase homes but not the land the housing sits on, which has the effect of reducing the price. Buyers agree to restrictions on resale</blockquote></div><div style="margin: 0px 6px 6px 4px;"><table style="font-size: 11px;border-spacing: 0px;padding: 0px;" cellpadding="0" cellspacing="0" width="100%"><tr><td style="background:transparent;border-width:0px;padding:0px;">&nbsp;</td><td align="right" style="background:transparent;border-width:0px;padding:0px;width:107px" width="107"><a href="http://clipmarks.com/share/E3D2A419-ECBD-4ABF-9444-005A4E81C724/blog/" title="blog or email this clip"><img src="http://content9.clipmarks.com/images/c2b-foot.png" border="0" alt="blog it" width="107" height="17" style="border-width:0px;padding:0px;margin:0px;" /></a></td></tr></table></div></div>

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