RE: Community Land Trusts | <– Date –> <– Thread –> |
From: Rob Sandelin (floriferous![]() |
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Date: Thu, 4 Dec 2003 12:46:21 -0700 (MST) |
Community land trusts are not often done with market rate housing because of difficulties in acquiring building financing. Lenders determine a great deal of what you can, or can not do with a development. Before committing to a CLT, see if you can find a lender to back your project, or provide mortgages. Often the easiest way to do this is to find out about local CLT's and ask them how they are financed. Since most cohousing is done as a single, large capital project, which often requires millions of dollars in financing, the CLT model is not one that is used for housing. I imagine there might be special loan programs which might fund this type of development and your local low income housing groups will be the best resources for information about these types of programs. There have been some cohousing projects that have partnered with local low income housing organizations, but none of them use a CLT model that I know of. It is possible to put non-developed land into a CLT, and this has been done by 3-4 cohousing groups if I remember right. We are working on this idea (slowly) at Sharingwood. Rob Sandelin South Snohomish County at the headwaters of Ricci Creek Sky Valley Environments <http://www.nonprofitpages.com/nica/SVE.htm> Field skills training for student naturalists Floriferous [at] msn.com http://www.cohousing.org/cohousing-L _______________________________________________ Cohousing-L mailing list Cohousing-L [at] cohousing.org Unsubscribe and other info: http://www.cohousing.org/cohousing-L
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Re: Community Land Trusts REUER,JOHN PHILLIP,MR, June 9 1995
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Community Land Trusts Tom Hammer, December 3 2003
- Re: Community Land Trusts Nathan Brown, December 3 2003
- RE: Community Land Trusts Rob Sandelin, December 4 2003
- RE: Community Land Trusts Fred H Olson, January 17 2004
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Community Land Trusts Tom Hammer, December 3 2003
- Re: Community Land Trusts Fred H Olson, December 16 2003
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