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Study finds community land trust feasible for James City County; board signals support to proceed
Summary
A consultant’s feasibility study recommended establishing a community land trust (CLT) to preserve permanent affordability for units the county plans to build; the board expressed consensus to continue Phase 2 work to set up a CLT and consider placing the county’s upcoming Clark Lane units into the trust.
A consultant from Burlington Associates presented a feasibility study concluding a community land trust (CLT) is feasible for James City County and would protect publicly subsidized housing as a permanent affordable asset. Heather Benham, who led the analysis and has CLT operational experience, told the board the county’s existing capacity, proffer opportunities and a favorable Virginia funding environment make a CLT a viable tool.
Why it matters: A CLT…
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