Copyright 2018 Northwest Communty Land Trust Coalition

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NWCLTC Creates Shared Equity Homeownership Booklet

November 13, 2017

 

Members of the Northwest Community Land Trust Coalition have brought together stories and statistics about the importance of community land trust homeownership in a comprehensive response to the affordable housing crisis in the Northwestern states of Washington, Oregon, Idaho, Alaska and Montana.

 

Shared equity through a community land trust is a model of affordable homeownership that allows income-eligible families to purchase homes at below-market rates. It’s a proven stepping stone on the way to market rate home ownership for low- to moderate income people. (Source: Capital Impact).

 

Northwest taxpayers support the “housing continuum”— a progression of resources that include emergency housing, transitional and permanent supportive housing, subsidized rental and homeownership for modest-income people. Each form of housing plays a critical role in serving those most in need. Increasing access to affordable homeownership is a strategy that helps the whole continuum. It creates an opportunity for people to move up and out of subsidized rental. Community land trust homeownership is a vital step between renting and market-rate homeownership.

 

Printing of the Northwest edition of this booklet was made possible by a generous grant from Banner Bank.

 

Contact us regarding inventory and availability of copies for purchase.

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