Delving in to community land trusts
Miller
The Housing Solutions Partnership ToolKit provides opportunities to address the housing crisis in Kootenai County. One tool is Community Land Trusts, which offers a unique and effective solution.
A CLT is a nonprofit organization that separates home ownership from land ownership. The CLT holds the land in trust, while individuals or families buy the house itself at a significantly reduced price. Homeowners then lease the land from the CLT at a fixed affordable rate.
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