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Advisory board discusses forming a community land trust as tool for perpetual affordability
Summary
Teresa Jones reported the Walton County advisory board applied for 501(c)(3) status for a Community Land Trust and urged the board to consider CLTs as a long-term strategy; planning staff cautioned the county’s comp plan and mapping changes should be considered in CLT siting and public outreach.
Teresa Jones told the Walton County Affordable Housing Advisory Board that the group submitted paperwork on Oct. 23 to pursue 501(c)(3) status for a Community Land Trust (CLT) and that she is working with Florida Housing to develop CLT strategies if legislative funding increases.
“It’s a very hot topic and a lot of counties are moving towards that model so that we can have permanent, structures, with perpetual affordable housing,” Jones said.…
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