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COMMUNITY LAND TRUSTS AND RURAL HOUSING

© Housing Assistance Council, April 1993

Permission is granted ONLY to nonprofit community-based organizations to reproduce and/or adapt this document, and only for their own use.

TABLE OF CONTENTS

INTRODUCTION

  1. THE COMMUNITY LAND TRUST MODEL
    1. Basic Principles
    2. Organizational Structure
    3. Ground Lease
    4. Lease Fee
    5. Housing Purposes

  2. FINANCIAL RESOURCES
    1. Getting Started
    2. Ongoing Administration
    3. Land Purchase
    4. Housing Finance

  3. POSSIBILITIES AND CAUTIONS
    1. Possibilities
    2. Cautions

  4. RURAL HOUSING COMMUNITY LAND TRUST CASE HISTORIES
    1. Central Vermont Community Land Trust
    2. Action Community Land Trust, Rhode Island
    3. OPAL Community Land Trust, Washington
    4. Lopez Community Land Trust, Washington

  • ENDNOTES
  • BIBLIOGRAPHY
  • CONTACTS

    1. This paper was prepared by Susan Peck at HAC. The author would like to extend her gratitude to Helen Cohen, Institute for Community Economics, San Francisco, CA and Martin Hahn, Institute for Community Economics, Springfield, MA, for both the materials they provided and their valuable insights; Peter Fisher and Jeannie Beck, OPAL CLT, Orcas Island, WA; Sandy Bishop, Lopez CLT, Lopez Island, WA; Rick DeAngelis, Central Vermont CLT, Montpelier, VT; and John Glasheen and Jordan Ash, Action CLT and South County Community Action Council, Peace Dale, RI, for their generosity of time, information, and spirit. The community land trust concept is the brainchild of the Institute for Community Economics, and their many written materials have been invaluable to this report.

      The Housing Assistance Council (HAC), founded in 1971, is a nonprofit corporation that supports the development of housing for rural, low-income people nationwide. HAC provides technical housing services, seed money loans, housing program and policy analysis, research and demonstration projects, and training and information services to public, nonprofit and private organizations. HAC wrote this document during fiscal year 1992. The Department of Housing and Urban Development funded the work performed under contract #DU-100C900016672. The accuracy of the statements contained in this report is the responsibility of HAC. These statements do not necessarily reflect the views of the Department of Housing and Urban Development.

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