Elevation Community Land Trust presents CLT model and Colorado projects to GURA
Elevation CLT described its model—99-year renewable ground leases, a $100 annual land fee, appraisal-to-appraisal resale with 25% homeowner share—and summarized projects statewide, including condo developments and a neighborhood preference pilot in 5 Points.
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Elevation Community Land Trust gave an extended overview of its ownership model and portfolio during the meeting, explaining how a CLT maintains long-term affordability by holding land in trust and selling only the home improvement under a long-term lease.
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