FOR IMMEDIATE RELEASE
CONTACT: Anthony Flint
617-661-3016 x116
MEDIA ADVISORY: EVENT ANNOUNCING RELEASE OF NEW REPORT ON COMMUNITY LAND TRUSTS AS AFFORDABLE HOUSING STRATEGY
The City–CLT Partnership: Municipal Support for Community Land Trusts, suggests best practices for stretching subsidies, shifting stewardship role, protecting against foreclosures
CAMBRIDGE, Mass. (June 11, 2008) -- The Lincoln Institute of Land Policy will release its latest Policy Focus Report, The City–CLT Partnership: Municipal Support for Community Land Trusts, at a special event Monday June 16, 2008 in Boston. The report recommends best practices for cities to engage in the use of community land trusts as an affordable housing strategy.
WHAT: Release of the Lincoln Institute Policy Focus Report, The City–CLT Partnership: Municipal Support for Community Land Trusts, by Lincoln Institute visiting fellows John Emmeus Davis and Rick Jacobus
WHEN: Monday June 16, 2008 12:30-1:30 p.m.
WHERE: Tent at the corner of Dudley Street and Brook Avenue, across from new home construction that is part of the community land trust Dudley Neighbors Inc./Dudley Street Neighborhood Initiative, Roxbury. Map.
CONTACT: Anthony Flint, Director of Public Affairs, Lincoln Institute of Land Policy, 617-661-3016 x 116, anthony.flint@lincolninst.edu
Community land trusts allow residents to purchase homes but not the land they sit on, with restrictions on resale. Nearly 20 CLTs are started every year as either new nonprofits or as programs or subsidiaries of existing organizations. Fueling this proliferation is a dramatic increase in local government investment and involvement. Over the past decade, a growing number of cities and counties have chosen not only to support existing CLTs, but also to start new ones, actively guiding their development and sponsoring their affordable housing initiatives.
The City–CLT Partnership: Municipal Support for Community Land Trusts examines model practices in municipal engagement in community land trusts.Founded in 1974, the Lincoln Institute of Land Policy conducts research and policy evaluations, holds conferences, provides education and training, supports demonstration projects, and publishes books and reports on policy issues relating to land.
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