North Carolina Public Radio
Robert Dowling says in every instance, they have been able to step in – intercede – and transition the family out of the home before they are foreclosed on. Research published by the Lincoln Institute of Land Policy says, in 2010, conventional homeowners were 10 times more likely to be in foreclosure than CLT homeowners. One of the first Community Land Trusts was started in the late 1960s for African American Farmers in Albany, Georgia. Shirley Sherrod was one of the founders. She was infamously pressured to leave her post in the Obama Administration after some of her comments were misconstrued as racist and plastered on the web. Sherrod was the featured speaker at this week’s conference. Sherrod says the community land trust model can solve many housing and employment needs, with education.
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