Thursday, September 22, 2005

Affordable Housing and Community Land Trusts

Taking the price of land out of the price of homeownership

This is similar to an idea I had as Traverse City housing prices continue to appreciate at double-digit rates and there are many local land conservancies. I thought why could a land conservancy and Homestretch get together to provide affordable housing?

Turns out this kind of thing is already being done. And to think I had naysayers...