Plymouth explores land trust partnership for affordable housing solutions

During a recent meeting of the Plymouth Planning Board, discussions centered on innovative strategies to address housing needs in the community. A key focus was the potential collaboration with land trusts to maintain affordable housing options, particularly for workforce housing. Board members highlighted the success of the Laconia Area Land Trust, which is currently developing a 64-unit mill project in Ashland, as a model for Plymouth to consider.

The conversation emphasized the importance of using land trusts to control housing prices and ensure that units remain affordable when resold. This approach could help stabilize the local housing market and provide options for residents who may be struggling to find affordable homes.

Additionally, the board explored the idea of revitalizing older housing stock in Plymouth. With many properties in need of repairs, members discussed the possibility of utilizing community revitalization tax credits to encourage homeownership and rehabilitation efforts. This could not only improve the condition of existing homes but also enhance the overall appeal of neighborhoods.

Another significant point raised was the potential conversion of college housing into single-family homes or condominiums, especially in light of decreasing enrollment at local colleges. This shift could help repurpose underutilized properties while providing more diverse housing options for families and individuals in the area.

Overall, the meeting underscored the Planning Board's commitment to finding creative solutions to housing challenges in Plymouth. By leveraging partnerships with land trusts and exploring revitalization initiatives, the board aims to foster a more sustainable and affordable housing landscape for residents. As these discussions progress, the community can look forward to potential developments that align with its needs and aspirations.