We’re in the news! Check out the latest article by the Missoulian.
From the article: “In an effort to increase affordable housing options in the city, Habitat for Humanity of Missoula seeks homeowners with underutilized backyard space to donate land to community land trusts.
“What we’re trying to do is find interest in people in this community who would like to be part of the solution,” Habitat for Humanity Executive Director Heather Harp said Wednesday evening.
Creative solutions like this one were the focus of a town hall meeting Wednesday. Nonprofit leaders shared their insights into innovative strategies to increase affordable housing, narrowing in on the community land trust model as a particularly effective approach.
“We’re trying to come up with some solutions that are actually workable in our community,” Harp said.
In a community land trust, the trust owns the land underneath a home while the homeowner owns the structure on top of the land. This model cuts down on homeownership costs and guarantees housing affordability into the future by capping the amount of equity that homes can build….
Read the rest of the article HERE
