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MANKATO — City leaders intended to start small with their new community land trust — just not this small. A $370,000 program approved last summer by the Mankato City Council aimed to provide ...
DuPage County is taking a new approach to incentivizing low-cost development, including the creation of a land bank.
The Esperanza Peace & Justice Center established a separate nonprofit for a land trust last year. It’s starting with several homes it owns on the West Side, focusing on homeowners earning up to ...
The ownership of the land is split from the physical home, with the land typically held for 99 years by the trust. That allows the home to be sold at a steeply discounted price to a qualified buyer.
A home purchased through the Houston Community Land Trust, a nonprofit organization created in 2018 that aims to make homeownership affordable for low-income households, sits in Acres Homes in ...
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